Repeated special trading session for offering 18th issue of MEUKAM-120 (KZKD00000907) will be held on KASE on June 1
/KASE, May 28, 2020/ – Kazakhstan Stock Exchange (KASE) announces that a repeated special trading session for the offering of government long-term treasury bonds of Kazakhstan's Ministry of Finance (MEUKAM) will be held in KASE's trading system on June 1, 2020 on the terms below (Almaty time).
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Security type: MEUKAM-120
ISIN: KZKD00000907
Issue order number: 0018 / 120
KASE trade code: MUM120_0018
Nominal value, tenge: 1,000.00
Outstanding bonds, pcs: 262,194,012
Circulation start date: July 3, 2017
Circulation end date: July 2, 2027
Maturity date: July 3, 2027
Circulation term: 10 years (3,600 days)
Coupon rate: 9.00 % per annum
Coupon payment periodicity: once a year
Coupon payment schedule: 1 July 3, 2018
2 July 3, 2019
3 July 3, 2020
4 July 5, 2021
5 July 4, 2022
6 July 3 2023
7 July 3, 2024
8 July 3, 2025
9 July 3, 2026
10 July 3, 2027
Time base: 30 / 360
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Trade date: June 1, 2020
Current maturity: 7.1 years (2,552 days)
Declared offering volume, mln tenge: 3,000
Trade subject: "clean" price
Market order execution ratio, %: 70
Order submission method: closed
Order receipt 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: June 1, 2020, 15:00
Method of execution of limit offset orders: pro rata to amounts of
offset orders
Method of execution of limit orders: at prices of limit offset orders
equal to the cut-off price or
those more favorable for
the seller
Method of execution of market orders: at the weighted
average price
Trading system sector: MEKAM_ST1
Trading system group: MEUKAM_120
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As the price an order must indicate the "clean" (without taking into account the accrued interest) price of bonds in percentage from the security's face value, with accuracy within the fourth decimal. This indicator is the trading subject.
Trade participants must by the time indicated in the table provide money available at the money account used for settlement on deals in securities in accordance with the set of rules of the Central Securities Depository (Almaty), in the amount sufficient to pay for acquired treasury bonds (based on the assumption that all orders submitted by trade participants and accepted by KASE are subject to execution).
At full or partial satisfaction of orders submitted, the payment of the respective amount must be carried out in accordance with the Rules of placement of government treasury bonds of the Republic of Kazakhstan. The text of said Rules is available at see more
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 see more
The Regulations on trading methods are available on KASE website – see more
Details of said bond issue are available on KASE website see more
[2020-05-28]