/KASE, June 17, 15/ – Kazakhstan Stock Exchange (KASE) announces that a repeated
special trading session to offer government long-term treasury bonds of
Kazakhstan's Ministry of Finance (MEUKAM) was held in KASE trading system on
June 17, 2015. Below are main parameters of the issue, terms and results of the
offering (Almaty time).
ISSUE PARAMETERS:
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Security type: MEUKAM-180
National identification number: KZKDKY150123
Issue order number: 12 / 180
KASE trade code: MUM180_0012
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, pieces: 35,000,000
First circulation date: February 4, 2015
Last circulation date: February 3, 2030
Maturity date: February 4, 2030
Circulation term: 15 years (5,400 days)
Coupon rate: 7.68 % APR
Coupon payment periodicity: once a year
Coupon payment date: February 4 annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Trade date: June 17, 2015
Term to redemption: 14.6 years (5,267 days)
Declared placement volume, pieces: 20,000,000
Trade subject: "net" 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 date: June 17, 2015
Payment time: before 15:00 (Т+0)
Order acceptance method: at cut-off price
Trading system sector: MEKAM_ST1
Trading system group: MEUKAM_180
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BID PARAMETERS:
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Number of participants: 2
Number of orders submitted (total / active): 2 / 2
including:
– limited: 2
– market: 0
Volume of active orders*, mln tenge: 354.1
including:
– limited: 354.10
– market: 0
Bid to ask, %: 2
"Net" price on orders submitted, % APR:
– minimum 98.9073
– maximum 99.6259
– weighted average 99.2179
Yield on orders submitted, % APR:
– minimum 7.7158
– maximum 7.8000
– weighted average 7.7635
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* active orders – orders not annulled by trade participants at
expiry of order submission period including those
confirmed by Confirmation System participants.
PLACEMENT RESULTS:
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Volume of accepted orders, bonds: 347,000
Volume of accepted orders, tenge: 353,053,877.67
Number of orders accepted: 2
Volume of accepted orders, % of plan: 2
"Net" price in orders executed, %: 98.9073
Yield of bonds to maturity for buyer, % p.a.: 7.80
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According to Central Securities Depository JSC (Almaty), all deals on placement
of MEUKAM-180 of issue 12 by the end of settlements on trade results were
executed.
Taking into account the previous offering the entire volume of MEUKAM-180 of
issue 12 (KZKDKY150123) made up 35,347,000 bonds to the face value of
KZT35,347,000,000.00.
MEUKAM sold by the Ministry of Finance 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 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.pdf
[2015-06-17]