/KASE, November 18, 2020/ – A repeated 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 the bid parameters and results of the
special trading session.
---------------------------------------------------------------------------------
BID PARAMETERS:
---------------------------------------------------- ----------------------------
Number of participants: 1
Number of orders submitted (all / active): 5 / 4
including:
– limit: 4 / 3
– market: 1
Volume of active orders*, mln tenge: 5,028.5
including:
– limit: 3,028.5
– market: 2,000.0
Bid to ask, %: 49.8
"Clean" price on orders submitted, % of the face value (on all / on active ones):
– minimum 100.0763
– maximum 100.8650 / 100.6012
– weighted average 100.4702 / 100.3386
Yield on orders submitted, % APR (on all / on active ones):
– minimum 10.3000 / 10.3500
– maximum 10.4500
– weighted average 10.3748 / 10.3999
---------------------------------------------------------------------------------
* 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 came from second-tier banks (STB).
OFFERING RESULTS:
--------------------------------------------------- ---------------
Volume of orders executed, bonds: 4,981,191
Volume of orders executed, tenge: 5,028,479,936.8
Number of orders executed: 4
Number of participants, whose orders were executed: 1
Volume of orders executed, % of plan: 49.8
"Clean" cut-off price, %: 100.0763
"Clean" price in orders executed, %
of the face value:
– minimum 100.0763
– maximum 100.6012
– weighted average 100.3386
Yield at cut-off price, % APR: 10.4500
Yield of bonds to maturity for buyer, % APR:
– minimum 10.3500
– maximum 10.4500
– weighted average 10.3999
-------------------------------------------------------------------
According to Central Securities Depository (Almaty), deals on offering the 11th
issue of MEUKAM-096 (KZKD00001095) by the end of settlement of trade
results were executed.
OFFERING TERMS:
------------------------------------------------------------------------------------------
Trade date: November 18, 2020
Current maturity: 7.9 years (2,859 days)
Declared offering volume, mln KZT: 10,000.0
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
Striking time: before 15:00 (Т+0)
Payment date and time: November 18, 2020,
15:00
Method of execution of limit offset orders: in accordance with
item 6 of Article 28 of the Regulations on the
Methods of Conducting
Trades in TCS ASTS+
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 weighted average price
-------------------------------------------------------------------------------------------
Taking into account the earlier offering, the total amount of the 11th issue of
MEUKAM-096 (KZKD00001095) made up 29,981,191 bonds with the total face
value of KZT29,981,191,000.00.
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
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
[2020-11-18]