/KASE, December 28, 12/ - Kazakhstan Stock Exchange (KASE) announces
that the repeated special trading session to place government long-term
treasury bonds of Kazakhstan Ministry of Finance (MEUJKAM) was held in
KASE trading system on December 28, 2012 on the terms as below (Almaty
time).
ISSUE PARAMETERS:
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Security type: MEUJKAM-204
National identification number: KZKAKY170041
Issue order number: 4 / 204
KASE trade code: MUJ204_0004
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, units: 15,000,000
Payment date: December 28, 12
First circulation date: July 29, 10
Last circulation date: July 28, 27
Maturity date: July 29, 27
Circulation term: 17 years (6,120 days)
Coupon rate: 0.01 % APR + inflation
Coupon payment periodicity: once a year*
Coupon payment schedule: 1 August 5, 11
2 August 7, 12
3 August 7, 13
4 August 7, 14
5 August 7, 15
6 August 5, 16
7 August 7, 17
8 August 7, 18
9 August 7, 19
10 August 7, 20
11 August 6, 21
12 August 5, 22
13 August 7, 23
14 August 7, 24
15 August 7, 25
16 August 7, 26
17 August 6, 27
Time base: 30 / 360
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* on the fifth business day of the month in each 12 full calendar months
of circulation.
PLACEMENT TERMS:
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Declared placement volume, m tenge: 30,000,000
Trade subject: bonds "dirty" price
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 striking price (rate)
Declared placement volume, m tenge: 30,000,000
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BID PARAMETERS:
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Number of participants - primary dealers: 7
Number of orders submitted (total / active): 22 / 19
including:
- limited: 15 / 15
- market: 7 / 4
Active orders*, mln tenge: 86,207.3
including:
- limited: 36,604.2
- market: 49,603.1
Bid to ask, %: 281.5
"Dirty price" on limited orders, % APR (total / active):
- minimum 97,2300
- maximum 103,7231
- weighted average 102,0639
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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: 21,000,000
Volume of accepted orders, tenge: 21,504,777,000,00
Number of orders accepted: 9
Volume of accepted orders, % of plan: 70,0
"Dirty" price in orders accepted, %: 102,4037
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According to data of Central Securities Depository (Almaty) all deals on offering
of MEUJKAM-204 of the second issue were satisfied at the moment of
settlements completion by trades results.
Taking into account the earlier placement the full volume of MEUJKAM-204 of
the fourth issue made up 36,000,000 bonds to the total face value of
KZT36,000,000,000.00.
MEUJKAM are government bonds, offered among accumulative pension funds
of the Republic of Kazakhstan. During the half circulation period, MEUJKAM
can circulate only among investors of this category. Then bonds free circulate
on the market.
Money invested in MEUJKAM is indexed through calculation of an indexed
coupon, received from a sum of fixed coupon determined at the placement, and
inflation rate for the elapsed coupon period.
Sold MEUJKAM are automatically admitted to circulation on the KASE
secondary market under indicated in the Table trading code. At that bonds must
be quoted in the KASE trading system in "dirty" 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
[2012-12-28]