/KASE, July 9, 2018/ – Repeated special trading session for offering of 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.
Below are parameters of the bid and results of the special trading session.
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BID PARAMETERS:
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Number of participants: 2
Number of orders submitted (all / active): 3 / 3
including:
– limit: 3 / 3
– market: 0
Volume of active orders*, mln tenge: 48,910.9
Including:
– limit: 48,910.9
– market:
Bid to ask, %: 166.7
"Clean" price on orders submitted, % of face
value (on all / active): 94.5151
Yield on orders submitted, % APR (on all/on active):8.4300
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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.
OFFERING RESULTS:
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Volume of orders executed, bonds: 50,000,000
Volume of orders executed, tenge: 48,910,883,333.3
Number of orders executed: 3
Number of participants, whose orders were executed: 2
Volume of orders executed, % of plan: 166.7
"Clean" price in orders executed, %: 94.5151
Yield of bonds to maturity for buyer, % APR: 8.4300
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According to Central Securities Depository (Almaty), deals on offering of the
12th issue of MEUKAM-180 (KZKDKY150123) by the end of settlement of trade
results were executed and submitted applications are fully satisfied.
OFFERING TERMS:
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Trade date: July 9, 2018
Current maturity: 11.6 years (4,165 days)
Declared volume, mln tenge: 4,165
Trade subject: "clean" price
Market order execution ratio, %: 70
Order submission method: closed
Order receipt time: 09:00–12:00
Order confirmation time: 09:00–12:30 (Т+0)
Striking time: before 15:00 (Т+0)
Payment date and time: July 9, 2018, 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_180
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Taking into account the earlier offering, the total amount of the 12th issue of
MEUKAM-180 (KZKDKY150123) made up 173,746,867 bonds with the total
face value of KZT173,746,867,000.00
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
[2018-07-09]