Special trading session for offering first issue of MEUKAM-300 (KZKD00000725) of Kazakhstan's Ministry of Finance on KASE on March 10 declared failed

/KASE, March 10, 2020/ – A repeated special trading session for offering of government long-term treasury bonds of Kazakhstan's Ministry of Finance (MEUKAM) was held in KASE trading system today on the terms below (Almaty time). Below are parameters of the bid and results of the special trading session. ISSUE PARAMETERS: ---------------------------------------------------------- Security type: MEUKAM-300 National identification number: KZKD00000725 Issue order number: 0001 / 300 KASE trade code: MUM300_0001 Face value, tenge: 1,000.00 Volume of bonds in circulation, pcs: 132,738,000 First circulation date: December 20, 2013 Last circulation date: December 19, 2038 Maturity date: December 20, 2038 Circulation term: 25 years (9,000 days) Coupon rate: 7.90 % APR Coupon payment periodicity: once a year Coupon payment schedule: 1 December 22, 2014 2 December 21, 2015 3 December 20, 2016 4 December 20, 2017 5 December 20, 2018 6 December 20, 2019 7 December 21, 2020 8 December 20, 2021 9 December 20, 2022 10 December 20, 2023 11 December 20, 2024 12 December 22, 2025 13 December 21, 2026 14 December 20, 2027 15 December 20, 2028 16 December 20, 2029 17 December 20, 2030 18 December 22, 2031 19 December 20, 2032 20 December 20, 2033 21 December 20, 2034 22 December 20, 2035 23 December 22, 2036 24 December 21, 2037 25 December 20, 2038 Time base: 30 / 360 ---------------------------------------------------------- OFFERING TERMS: ---------------------------------------------------------- Trade date: March 10, 2020 Current maturity: 18.8 years (6,760 days) Declared offering volume, KZT mln: 30,000.0 Trade subject: "clean" price Market order execution rate, %: 70 Order submission method: closed Order collection time: 09:00–11:00 Order confirmation time: 09:00–11:30 Striking time: before 15:00 (Т+0) Payment date and time: March 10, 2020, before 15:00 (Т+0) Order execution method: at cut-off price Limit order execution way: pro rata to amounts of offset orders Trading system sector: MEKAM_ST1 Trading system group: MEUKAM_300 ---------------------------------------------------------- This special trading session is recognized and declared failed in accordance with subparagraph 2) of paragraph 1 of Article 20 of KASE internal document "The Regulations on Trading Methods" because KASE did not accept any limit offset order. [2020-03-10]