November 2 special trading session for offering of MEUKAM-120 of issue 16 (KZKDKY100169) of Kazakhstan Ministry of Finance declared failed

02.11.16 16:54
/KASE, November 2, 2016/ – Kazakhstan Stock Exchange announces (KASE) that a repeated special trading session to place government long-term treasury bonds of Kazakhstan's Ministry of Finance (MEUKAM) was held in KASE trading system on November 2, 2016 on the terms below (Almaty time). ISSUE PARAMETERS: --------------------------------------------------------------- Security type: MEUKAM-120 National identification number: KZKDKY100169 Issue order number: 16 / 120 KASE trade code: MUM120_0016 Nominal value, tenge: 1,000.00 Volume of bonds in circulation, pieces: 150,000 First circulation date: May 27, 2015 Last circulation date: May 26, 2025 Maturity date: May 27, 2025 Circulation term: 10 years (3,600 days) Coupon payment periodicity: once a year Coupon payment schedule: 1 May 27, 2016 2 May 29, 2017 3 May 28, 2018 4 May 27, 2019 5 May 27, 2020 6 May 27, 2021 7 May 27, 2022 8 May 29, 2023 9 May 27, 2024 10 May 27, 2025 Time base: 30 / 360 --------------------------------------- ----------------------- PLACEMENT TERMS: --------------------------------------- ----------------------- Trade date: November 2, 2016 Term to maturity: 8.6 years (3,085 days) Declared offering volume, pieces: 5,000,000 Trade subject: net price Market order execution 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: November 2, 2016 Payment time: before 15:00 (Т+0) Order execution method: at cut-off price (rate) Trading system sector: MEKAM_ST1 Trading system group: MEUKAM_120 --------------------------------------------------------------- The special trading session was declared failed in accordance with subparagraph 2 of paragraph 18 of Article 9 of the internal KASE document "Regulations on Trading Methods" due to absence of limited counter-driven orders. 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_eng.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 [2016-11-02]