/KASE, December 20, 12/ - Kazakhstan Stock Exchange (KASE) announces
that the repeated special trading session to place government long-term
treasury bonds of Kazakhstan Ministry of Finance (MEUKAM) were held in
KASE trading system on December 20, 2012 on the terms as below (Almaty
time).
ISSUE PARAMETERS:
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Security type: MEUKAM-72
National identification number: KZKDKY060108
Issue order number: 10 / 72
KASE trade code: MUM072_0010
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, pieces: 2,400,000
Payment date: November 23, 2012
First circulation date: November 9, 2012
Last circulation date: November 8, 2018
Maturity date: November 9, 2018
Circulation term: 6 years (2,160 days)
Coupon rate: 5.75 % APR
Coupon payment periodicity: once a year
Coupon payment date: November 9 annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, pieces: 7,000,000
Trade subject: "net" price of bonds
Market order acceptance ratio, %: 70
Order submission method: closed
Order receipt time: 09:00-11:00
Order confirmation time: 09:00-11:30 (Т+0)
Striking time: before 15:00 (Т+0)
Payment time: before 15:00 (Т+0)
Order acceptance method: at cut-off price (rate)
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BID PARAMETERS:
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Number of participants: 3
Number of orders submitted (total / active): 6 / 6
including:
- limited: 5
- market: 1
Active orders*, mln tenge: 7,452.9
Bid to ask, %:
"Net price" on orders submitted, % APR (all / active): 7,354.9
- minimum 98.1
- maximum 108.6
- weighted average
Yield on orders submitted, % APR (all / active): 94.1144
- minimum 99.9839
- maximum 97.4101
- weighted average
Number of participants: 5.7500
Number of orders submitted (total / active): 7.0000
including: 6.2863
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* active orders - orders, not annulled by traders at expiry of order submission,
including those confirmed by Confirmation System participants.
PLACEMENT RESULTS:
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Volume of accepted orders, bonds: 2,100,000
Volume of accepted orders, tenge: 2,113,413,983.33
Number of orders accepted: 2
Volume of accepted orders, % of plan: 30.0
"Net" price in orders accepted, %: 99.9839
Yield to maturity for buyer, % APR: 5.7500
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In the total number of active orders Kazakhstan second-tier banks (STB)
accounted for 98.7 %, STB clients - 1.3 %.
According to Central Securities Depository, all deals on placement of
MEUKAM-72 of the 10th issue by the end of settlement on trade results were
executed. 95.2 % of the total volume of bonds sold were purchased STB, 4.8 %
- by STB clients.
Taking into account the earlier placement the full volume of MEUKAM-72 of the
10th issue (KZKDKY060108) made up 6,550,000 bonds to the total face value
of KZT6,550,000,000.00.
MEUKAM sold by Kazakhstan's Ministry of Finance shall automatically be
admitted to circulation on the KASE secondary market under the trade code as
in the table. The securities must quote in KASE trading systems at net prices.
The text of the Rules on issue, placement, circulation, service and maturity of
government treasury obligations of the Republic of Kazakhstan is available on
the KASE website at
http://www.kase.kz/files/mix/newgko.pdf
The text of the Rules on placement of government treasury obligations of the
Republic of Kazakhstan is available on the KASE website at
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
[2012-12-20]