/KASE, October 2, 2017/ – A repeated special trading session for the offering of
government mid-term treasury bonds of Kazakhstan's Ministry of Finance MEOKAM-24
of issue 86 (KZK2KY020867) was held in KASE trading system today. Below are bid
parameters and results of the special trading session.
ISSUE PARAMETERS:
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Security type: MEOKAM-24
National identification number: KZK2KY020867
Issue order number: 86 / 24
KASE trade code: MOM024_0086
Nominal value, tenge: 1,000.00
Number of bonds in circulation, pcs.: 300,000
First circulation date: September 18, 2017
Last circulation date: September 17, 2019
Maturity date: September 18, 2019
Circulation term: 2 years (720 days)
Coupon rate: 8.50 % APR
Coupon payment periodicity: twice a year
Coupon payment schedule: 1 March 19, 2018
2 September 18, 2018
3 March 18, 2019
4 September 18, 2019
Time base: 30 / 360
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BID PARAMETERS:
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Number of participants: 2
Number of orders submitted (total / active): 4 / 4
including:
– limit: 4
– market: 0
Volume of active orders*, mln tenge: 7,268.5
including:
– limit: 7,268.5
– market: 0
Bid to ask, %: 241.7
"Clean" price on orders submitted, % of face value (total / active):
– minimum 99.1124
– maximum 99.9937
– weighted average 99.9242
Yield on orders submitted, % APR (total / active):
– minimum 8.5000
– maximum 9.0000
– weighted average 8.5392
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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.
In the total volume of active orders second-tier banks (STB)
accounted for 100 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 3,000,000
Volume of orders executed, tenge: 3,009,727,666.67
Number of orders executed: 1
Number of participants whose orders were executed: 1
Volume of orders executed, % of plan: 100.0
"Clean" price in orders executed, %: 99.9937
Bonds' yield to maturity for buyer, % APR: 8.5000
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According to Central Securities Depository (Almaty), the deal on the offering
of the 86th issue of MEOKAM-24 (KZK2KY020867) by the end of settlement
on trade results was executed.
OFFERING TERMS:
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Trade date: October 2, 2017
Current maturity: 1.96 years (706 days)
Declared offering volume, mln tenge: 3,000.0
Trade subject: "clean" price
Market order execution ratio, %: 70
Order submission method: closed
Order acceptance time: 09:00–11:00
Order confirmation time: 09:00–11:30 (Т+0)
Striking time: before 15:00 (Т+0)
Payment date and time: October 2, 2017
before 15:00 (Т+0)
Execution method: at cut-off price
Limit orders execution method: pro rata to amounts
of offset orders
Trading system sector: MEKAM_ST1
Trading system group: MEOKAM_024
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Taking into account the earlier offering, the total volume of the 86th issue of
MEOKAM-24 (KZK2KY020867) made up 3,300,000 bonds with a total face
value of KZT3,300,000,000.00.
MEOKAM sold by the Ministry of Finance are automatically admitted to circulation
on KASE secondary market under the trading code indicated in the table. At the
same time bonds must be quoted in clean prices in KASE trading system.
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
[2017-10-02]