/KASE, July 30, 2018/ – 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 today. 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: 3
Number of orders submitted (all / active): 10/5
including:
– limit: 10/5
– market: 0
Volume of active orders*, mln tenge: 10,500.0
including:
– limit: 10,500.0
– market: 0
Bid to ask, %: 210.0
Coupon rate on orders submitted, % APR (on all / on active):
– minimum 8.3000
– maximum 8.4800
– weighted average 8.4099 / 8.4737
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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 accounted for institutional investors.
OFFERING RESULTS:
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Volume of orders executed, bonds: 10,500,000
Volume of orders executed, tenge: 10,500,000,000.0
Number of orders executed: 5
Number of participants, whose orders were executed: 3
Volume of orders executed, % of plan: 210.0
Coupon rate, % APR: 8.4800
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According to Central Securities Depository (Almaty), deals on offering of the 1
st issue of MEUKAM-216 (KZKDKY180013) by the end of settlement of trade
results were executed.
OFFERING TERMS:
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Trade date: July 30, 2018
Current maturity: 18 years (6,480 days)
Declared placement volume, pieces: 5,000,000
Trade subject: coupon rate
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: before15:00 (Т+0)
Payment date and time: July 30, 2018, before 15:00 (Т+0)
Order execution method: at cut-off price (rate)
Limit orders execution method: pro rata to amounts
of offset orders
Trading system sector: MEKAM_ST1
Trading system group: MEUKAM_216
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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
[2018-07-30]