/KASE, October 27, 2017/ – A repeated special trading session for the offering
of government mid-term treasury bonds of Kazakhstan's Ministry of Finance
MEOKAM-48 of 51st issue (KZK2KY040519) was held in Kazakhstan Stock Exchange
(KASE) trading system today. Below are bid parameters and results of the special
trading session.
BID PARAMETERS:
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Number of participants: 4
Number of orders submitted (all / active): 5 / 5
including:
– limit: 5 / 5
– market: 0
Volume of active orders*, mln tenge: 61,181.3
including:
– limit: 61,181.3
– market: 0
Bid to ask, %: 375.6
"Clean" price on orders submitted, % of face value: 99.9762
Yield on orders submitted, % APR: 8.9900
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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 8.3 %,
other institutional investors – for 58.4 %, other legal entities – for 33.3 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 16,000,000
Volume of orders executed, tenge: 16,287,867,555.55
Number of orders executed: 5
Number of participants whose orders 4
were executed:
Volume of orders executed, % of plan: 100
"Clean" price in orders executed, % 99.9762
Yield of bonds to maturity for buyer, % APR: 8.9900
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According to Central Securities Depository (Almaty), all deals
on the offering of MEOKAM-48 of issue 51 (KZK2KY040519)
were executed by the end of settlements by trade results. 8.3 %
of the amounts raised were bought by STB, 58.4 % – by
other institutional investors, 33.3 % – by other legal entities.
OFFERING TERMS:
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Trade date: October 27, 2017
Current maturity: 3.8 years (1,367 days)
Declared placement volume, mln tenge: 16,000.0
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 27, 2017,
15:00 (Т+0)
Execution method: at cut-off price
Limit order execution way: pro rata to amounts
of offset orders
Trading system sector: MEKAM_ST1
Trading system group: MEOKAM_048
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Taking into account the offering conducted earlier, the total volume of
MEOKAM-48 of issue 51 (KZK2KY040519) made up 137,100,000 bonds with a face
value of KZT137,100,000,000.00.
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
[2017-10-27]