/KASE, March 31, 2020/ – A 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: 2
Number of orders submitted (all / active): 5 / 5
including:
– limit: 5 / 5
– market: 0
Volume of active orders*, mln tenge: 250,000.0
including:
– limit: 250,000.0
– market: 0
Bid to ask, %: 100.0
Coupon rate on submitted orders, % APR 11.0000
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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.
Institutional investors accounted for the entire volume of active orders.
OFFERING RESULTS:
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Volume of orders executed, bonds: 250,000,000
Volume of orders executed, tenge: 250,000,000,000.00
Number of orders executed: 5
Number of participants, whose orders were executed: 2
Volume of orders executed, % of plan: 100.0
Coupon rate, % APR: 11.0000
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According to Central Securities Depository (Almaty), deals on offering of the
13th issue of MEUKAM-108 (KZKD00001087) by the end of settlement of trade
results were fully executed.
OFFERING TERMS:
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Trade date: March 31, 2020
Declared offering volume, mln tenge: 250,000.0
Trade subject: coupon rate
Market order execution ratio, %: 70
Order submission method: closed
Order receipt time: 09:00–11:00
Order confirmation time: 09:00–11:30
Striking time: before 15:00 (Т+0)
Payment date and time: March 31, 2020
15:00
Order execution method: at cut-off price
Limit orders execution way: pro rata to amounts
of offset orders
Trading system sector: MEKAM_ST1
Trading system group: MEUKAM_108
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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
[2020-03-31]