/KASE, January 13, 2021/ – 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 parameters of the bid and results of the special trading session.

------------------------------------------------------------------------------------
BID PARAMETERS:                                                                     
----------------------------------------------------------- ------------------------
Number of participants:                                     7                       
Number of orders submitted (all / active):                  22 / 20                 
including:                                                                          
– limit:                                                    17 / 15                 
– market:                                                   5                       
Volume of active orders*, mln tenge:                        41,326.4                
including:                                                                          
– limit:                                                    32,326.4                
– market:                                                   9,000.0                 
Bid to ask, %:                                              406.3                   
"Clean" price on orders submitted, % of face value (on all / on active ones):       

– minimum 91.3310 – maximum 95.6410 – weighted average 94.0604/ 94.0282 Yield on orders submitted, % APR (on all / on active ones): – minimum 9.9700 – maximum 11.0000 – weighted average 10.3396/10.3471

------------------------------------------------------------------------------------
* active orders – orders not annulled by trade participants at expiry of order      
  submission period including those confirmed by Confirmation System participants.  

In the total volume of active orders, second-tier banks (STBs) accounted for 57.3 %, brokerage and dealer organizations – for 2.5 %, other institutional investors – for 16.0%, other legal entities – for 24.2 %. OFFERING RESULTS:

----------------------------------------------------------- ------------------------
Volume of orders executed, bonds:                           22,544,784              
Volume of orders executed, tenge:                           23,163,124,354.2        
Number of orders executed:                                  11                      
Number of participants, whose orders were executed:         5                       
Volume of orders executed, % of plan:                       225.4                   
"Clean" cut-off price, %:                                   94.6554                 
"Clean" price on orders submitted, % of the face value:                             
– minimum                                                   94.6554                 
– maximum                                                   95.6410                 
– weighted average                                          95.0677                 
Yield at cut-off price, % APR:                              10.2000                 
Yield on bonds submitted, % APR (on all / on active ones):                          
– minimum                                                   9.9700                  
– maximum                                                   10.2000                 
– weighted average                                          10.1020                 
------------------------------------------------------------------------------------

According to Central Securities Depository (Almaty), deals on offering of the 17th issue of MEUKAM-120 (KZKD00000899) by the end of settlement of trade results were executed, whereby 23.7 %, in terms of amounts raised, were purchased by STBs, 4.4 % – by brokers and dealer organizations, 28.7 % – by other institutional investors, 43.2 % – by other legal entities.

OFFERING TERMS:

------------------------------------------- ------------------------------------
Trade date:                                 January 13, 2021                               
Current maturity:                           6.1 years (2,213 days)                         
Declared placement volume, mln KZT:         10,000.0                                       
Trade subject:                              "clean" price                                  
Market order execution ratio, %:            70                                             
Order submission method:                    closed                                         
Order collection time:                      09:00–11:00                                    
Order confirmation time:                    09:00–11:00                                    
Striking time:                              before 15:00 (Т+0)                             
Payment date and time:                      January 31, 2021, 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 17th issue of MEUKAM-120 (KZKD00000899) made up 73,055,335 bonds with the total face value of KZT73,055,335,000.0.

MEUKAM 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

[2021-01-13]