Ministry of Finance of Kazakhstan raised KZT25.2 bln on KASE placing 6th issue of MEUKAM-156 (KZKDKY130067) with yield to maturity of 8.44 % APR on June 11

11.06.18, 18:23
/KASE, 11.06.18/ – Repeated special trading session for offering government 
long-term treasury bonds of the Ministry of Finance of the Republic of 
Kazakhstan (MEUKAM) was held in Kazakhstan Stock Exchange (KASE) 
trading system today. Below are parameters of the bid and results 
of the special trading session.

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BID PARAMETERS:                                                                           
---------------------------------------------- --------
Number of participants:                        2       
Number of orders submitted (all / active):     2 / 2   
including:                                                                                
– limit:                                       2 / 2   
– market:                                      0       
Volume of active orders*, mln tenge:           25 175,0
Bid to ask, %:                                 100,0   
"Clean" price on orders submitted, % from
the nominal value (on all / on active):        99,9734 
Coupon rate on orders submitted, % APR         8,4400  
(on all / on active):                                                                     
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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:                                                  
---------------------------------------------- ----------------
Volume of orders executed, bonds:              25 000 000      
Volume of orders executed, tenge:              25 175 044 444,5
Number of orders executed:                     2               
Number of participants, whose orders 
were executed: 2               
Volume of orders executed, % of plan:          100,0           
"Clean" price on executed orders, %:           99,9734         
Coupon rate, % APR:                            8,4400          
---------------------------------------------------------------

According to Central Securities Depository (Almaty), deals on offering 
the 6th issue of MEUKAM-156 (KZKDKY130067) by the end of settlement 
of trade results were executed, all orders received were fully executed.


PLACEMENT TERMS:                                                     
-------------------------------- ------------------------------------
Trade date:                      11.06.18                            
Current maturity:                12,9 years (4 649 days)             
Declared volume, mln tenge:      25 000,0                            
Trade subject:                   "clean" 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 and time:           11.06.18, 15:00 (Т+0)               
Order 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:            MEUKAM_156                          
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Taking into account previous placements, the total volume of MEUKAM-156 of 
the sixth issue (KZKDKY130067) was 50,000,000 bonds for the face value of 
KZT50,000,000,000.00.

MEUKAM 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 of issue, placement, circulation, service and maturity of 
government treasury bonds of the Republic of Kazakhstan is available on KASE 
website at http://kase.kz/files/mix/newgko.pdf

The Rules of placement of government treasury bonds of the Republic of 
Kazakhstan are available at 
http://kase.kz/files/normative_base/mekam_placement.pdf

[2018-06-11]