EN
4 July 2025, 08:06
Go to old.kase.kz
English
Information/
Market and Company News
08.07.2020 19:20 #Trading information

Kazakhstan's Ministry of Finance on July 8 raised KZT18.8 bn on KASE by placing 148th issue of MEKKAM-12 (KZK100000241) with weighted average yield to maturity of 10.7850 % APR

/KASE, July 8, 2020/ – A repeated special trading session for the offering of government short-term treasury bonds of the Ministry of Finance of the Republic of Kazakhstan (MEKKAM) 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.

--------------------------------------------------------------------------------
BID PARAMETERS:                                                                 
---------------------------------------------------- ---------------------------
Number of participants:                              4                          
Number of orders submitted (all / active):           8 / 7                      
including:                                                                      
– limit:                                             7 / 6                      
– market:                                            1                          
Volume of active orders*, mln tenge:                 21,516.4                   
including:                                                                      
– limit:                                             16,938.4                   
– market:                                            4,578.0                    
Bid to ask, %:                                       235.0                      
Price on orders submitted, % of face value (on all / on active ones):           
– minimum                                            91.4306                    
– maximum                                            91.5983                    
– weighted average                                   91.5631 / 91.5591          
Yield on orders submitted, % APR (on all / on active ones):                     
– minimum                                            10.7650                    
– maximum                                            11.0000                    
– weighted average                                   10.8143 / 10.8198          
--------------------------------------------------------------------------------
* active orders – orders not annulled by trade participants at expiry of order  
submission period including those confirmed by Confirmation System participants.

The entire volume of active orders originated from second-tier banks (STBs).

OFFERING RESULTS:

--------------------------------------------------- ----------------
Volume of orders executed, bonds:                   205,000,000     
Volume of orders executed, tenge:                   18,774,717,500.0
Number of orders executed:                          6               
Number of participants, whose orders were executed: 3               
Volume of orders executed, % of plan:               205.0           
Discounted cut-off price, % of face value:          91.5733         
Discounted price of orders executed, % of face value:               
– minimum                                           91.5733         
– maximum                                           91.5983         
– weighted average                                  91.5840         
Yield at cut-off price, % APR:                      10.7999         
Yield of bonds to maturity for buyer, % APR:                        
– minimum                                           10.7650         
– maximum                                           10.7999         
– weighted average                                  10.7850         
--------------------------------------------------------------------

According to Central Securities Depository (Almaty), deals on offering of the 148th issue of MEKKAM-12 (KZK100000241) by the end of settlement of trade results were executed.

OFFERING TERMS:

------------------------------------ ---------------------------
Trade date:                          July 8, 2020               
Current maturity:                    307 days                   
Declared offering volume, mln tenge: 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:               July 8, 2020, 15:00        
Offset limit order execution method: pro rata to amounts        
                                     of offset orders           
Limit order execution method:        at prices of limit offset  
                                     orders equal to the cut-off
                                     price or those more        
                                     favorable for the          
                                     seller                     
Market order execution method:       at weighted average price  
Trading system sector:               MEKAM_ST1                  
Trading system group:                MEKKAM_012                 
----------------------------------------------------------------

Taking into account the earlier offering, the total amount of the 148th issue of MEKKAM-12 (KZK100000241) made up 2,976,493,410 bonds with the total face value of KZT297,649,341,000.00.

MEKKAM sold by the Ministry of Finance are automatically admitted to circulation on KASE secondary market under the trading code indicated in the table.

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 Rules of placement of government treasury bonds of the Republic of Kazakhstan are available at see more

[2020-07-08]