Special trading session for offering first issue of MEUKAM-300 (KZKD00000725) of Kazakhstan's Ministry of Finance on KASE on March 10 declared failed
10.03.20 19:08
/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:
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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
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OFFERING TERMS:
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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
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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]