Special trading session for offering second issue of MEUKAM-300 (KZKD00000774) of Kazakhstan's Ministry of Finance on KASE on March 16 declared failed

/KASE, March 16, 2020/ – A repeated special trading session for offering 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-120 National identification number: KZKD00000774 Issue order number: 0002 / 300 KASE trade code: MUM300_0002 Face value, tenge: 1,000.00 Volume of bonds in circulation, pcs: 165,000,000 First circulation date: July 25, 2014 Last circulation date: July 25, 2039 Maturity date: July 25, 2039 Circulation term: 25 years (9,000 days) Coupon rate: 8.35 % APR Coupon payment periodicity: once a year Coupon payment schedule: 1 July 27, 2015 2 July 25, 2016 3 July 25, 2017 4 July 25, 2018 5 July 25, 2019 6 July 27, 2020 7 July 26, 2021 8 July 25, 2022 9 July 25, 2023 10 July 25, 2024 11 July 25, 2025 12 July 27, 2026 13 July 26, 2027 14 July 25, 2028 15 July 25, 2029 16 July 25, 2030 17 July 25, 2031 18 July 26, 2032 19 July 25, 2033 20 July 25, 2034 21 July 25, 2035 22 July 25, 2036 23 July 27, 2037 24 July 26, 2038 25 July 25, 2039 Time base: 30 / 360 ---------------------------------------------------------- OFFERING TERMS: ---------------------------------------------------------- Trade date: March 16, 2020 Current maturity: 19.4 years (6,969 days) Declared offering volume, KZT mln: 10,000.0 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 16, 2020, 15:00 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. [2020-03-16]