/KASE, April 11, 13/ – Kazakhstan Stock Exchange (KASE) announces that the
repeated special trading session to place government long-term treasury
bonds of Kazakhstan Ministry of Finance (MEUKAM) was held in KASE
trading system on April 11, 2013 on the terms indicated below (Almaty time).
ISSUE PARAMETERS:
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Security type: МЕУКАМ-72
National identification number: KZKDKY060090
Issue order number: 9 / 72
KASE trade code: MUM072_0009
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, units: 11,000,000
Payment date: April 11, 2013
First circulation date: August 21, 2012
Last circulation date: August 20, 2018
Maturity date: August 21, 2018
Circulation term: 6 years (2,160 days)
Coupon rate: 4.50 % per annum
Coupon payment periodicity: once a year
Coupon payment date: August 21, annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, pieces: 15,000,000
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
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BID PARAMETERS:
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Number of participants: 11
Number of orders submitted (total / active): 28 / 19
including:
– limited: 18 / 14
– market: 10 / 5
Active orders*, mln tenge: 27,953.3
including:
– limited: 18,137.6
– market: 9,815.7
Bid to ask, %: 192.1
"Net price" on orders submitted, % APR (on all / active):
– minimum 93.2621
– maximum 95.4355
– weighted average 94.8062 / 94.1177
Yield on orders submitted, % APR (on all / active):
– minimum 5.50
– maximum 6.00
– weighted average 5.6433 / 5.8014
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* active orders – orders, not annulled by traders at expiry of order
ubmission, including those confirmed by Confirmation System participants.
PLACEMENT RESULTS:
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Volume of accepted orders, bonds: 14,720,000
Volume of accepted orders, tenge: 14,374,344,960.00
Number of orders accepted: 10
Volume of accepted orders, % of plan: 98,1
"Net" price in orders accepted, %: 94,7768
Yield to maturity for a buyer, % APR: 5,65
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In the total volume of active orders Kazakhstan second-tier banks (STB)
accounted for 70.1 %, STB clients – 29.9 %.
According to Central Securities Depository, all deals on placement of
MEUKAM-72 of the ninth issue by the end of settlement by trade results were
executed. 58.4 % from the total volume of bonds offered were purchased by
STB, 41.6 % – STB clients.
Taking into account the earlier placement the full volume of MEUKAM-72 of the
ninth issue (KZKDKY060090) made up 25,720,000 bonds to the total face value
of KZT25,720,000,000.00.
MEUKAM sold by Kazakhstan 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
[2013-04-11]