/KASE, September 4, 2019/ – A repeated special trading session for the offering
of government long-term treasury obligations of the Ministry of Finance of the
Republic of Kazakhstan (MEUKAM) was held in the trading system of Kazakhstan
Stock Exchange (KASE) 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: 2
Number of orders submitted (all / active ones): 3 / 3
including:
– limit: 3 / 3
– market: 0
Volume of active orders*, mln tenge: 10,006.3
including:
– limit: 10,006.3
– market: 0
Bid to ask, %: 100.0
"Clean" price on orders submitted, % of face value 95.2437
(on all / on active ones):
Yield on orders submitted, % APR (on all / on active 8.6300
ones):
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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: 10,000,000
Volume of orders executed, tenge: 10,006,328,333.3
Number of orders executed: 3
Number of participants, whose orders were executed: 2
Volume of orders executed, % of plan: 100.0
"Clean" price in orders executed, % of 95.2437
the face value:
Yield of bonds to maturity for buyer, % APR: 8.6300
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According to Central Securities Depository (Almaty), deals on offering of the
fourth issue of MEUKAM-240 (KZKD00000832) were executed.
OFFERING TERMS:
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Trade date: April 29, 2019
Current maturity: 15.8 years (5,670 days)
Declared offering volume, mln tenge: 50,000.0
Trade subject: "clean" price
Market order execution rate, %: 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: April 29, 2019,
15:00 (Т+0)
Order execution method: at the cut-off price
Limit orders execution way: pro rata to amounts
of offset orders
Trading system sector: MEKAM_ST1
Trading system group: MEUKAM_240
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Taking into account the earlier offering, the total amount of the fourth issue
of MEUKAM-240 (KZKD00000832) made up 283,907,452 bonds with the total face value
of KZT283,907,452,000.00.
MEUKAM sold by the Ministry of Finance are automatically admitted to circulation
on KASE's secondary market under the trading code indicated in the table. At the
same time bonds must be quoted in clean prices in KASE's trading system.
The text of the Rules of issue, placement, circulation, service and redemption
of government treasury bonds of the Republic of Kazakhstan is available on
KASE website at
http://www.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_eng.pdf
[2019-09-04]