Repeated special trading session for offering of 149th issue of MEKKAM-12 (KZK100000258) will be held on KASE on January 28
/KASE, January 26, 2021/ – Kazakhstan Stock Exchange (KASE) announces that a repeated special trading session for the offering of government short-term treasury bonds of Kazakhstan's Ministry of Finance (MEKKAM) will be held on January 28, 2021 in KASE's trading system on the terms below (Almaty time).
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Security type: MEKKAM-12
ISIN: KZK100000258
Issue order number: 0149 / 012
KASE trade code: MКM012_0149
Face value, tenge: 100.00
Volume of bonds in circulation, pieces: 306,834,712
Circulation start date: January 20, 2021
Last circulation day: January 19, 2022
Maturity date: January 20, 2022
Circulation term: 365 days
Time base: actual / actual
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Trade date: January 28, 2021
Current maturity: 357 days
Declared offering volume, mln tenge: 50,000.0
Trade subject: "clean" price
Market order execution rate, %*: 70
Order submission method: closed
Order collection time: 09:00–11:00
Order confirmation time: 09:00–11:00
Striking time: before 15:00 (Т+0)
Payment date and time: January 28, 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
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* In accordance with the Regulation on methods of trading in trading and clearing system the ASTS+, submission of market orders is possible only after a trading participant submits limit orders for the purposes of ensuring the permissible percentage of market orders submission per trading participant; in this case; at the same time withdrawal of a limit order is prohibited, if the permissible percentage of market orders per trading participant is violated.
As the price an order must indicate the "clean" price (without taking into account the accrued interest) of the bond in percentage of the face value, denominated with accuracy within the fourth decimal. This is the trade subject.
Trading 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 trading participants and accepted by KASE are subject to execution).
At full or partial execution of orders submitted, the payment of the respective amount must be carried out in accordance with the Rules of placement of government treasury obligations of the Republic of Kazakhstan. The text of said Rules is available at see more
The Rules of issue, placement, circulation, service and maturity of government treasury obligations of the Republic of Kazakhstan are available on KASE website at see more
The Regulations on methods of trading in the trading and clearing system ASTS+ are available at see more
Details of said bond issuance are available at see more
[2021-01-26]