/KASE, October 7, 2019/ – A repeated special trading session for the offering of
government long-term treasury bonds 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: 1
Number of orders submitted (all / active): 1 / 1
including:
– limit: 1 / 1
– market: 0
Volume of active orders*, mln tenge: 4,139.4
including:
– limit: 4,139.4
– market: 0
Bid to ask, %: 100.0
"Clean" price on orders submitted, % of face value 82.0399
(on all / on active ones):
Yield on orders submitted, % APR 9.1300
(on all / on active 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: 5,000,000
Volume of orders executed, tenge: 4,139,425,555.6
Number of orders executed: 1
Number of participants, whose orders were executed: 1
Volume of orders executed, % of plan: 100.0
"Clean" price in orders executed, 82.0399
% of the face value:
Yield of bonds to maturity for buyer, % APR: 9.1300
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According to Central Securities Depository (Almaty), the deal on offering of
the fourth issue of MEUKAM-180 (KZKD00000444) by the end of settlement of
trade results was executed.
OFFERING TERMS:
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Trade date: October 7, 2019
Current maturity: 6.9 years (2,471 days)
Announced offering volume, mln tenge: 5,000.0
Trade subject: "clean" price
Market order execution ratio, %: 70
Order submission method: closed
Order collection 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 7, 2019,
15:00 (Т+0)
Orders 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_180
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Taking into account the earlier offering, the total amount of the fourth issue
of MEUKAM-180 (KZKD00000444) made up 61,000,000 bonds with the total face
value of KZT61,000,000,000.00.
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_eng.pdf
[2019-10-07]