Repeated special trading session for offering 16th issue of MEUKAM-120 (KZKD00000865, MUM120_0016) will be held on KASE on February 26
/KASE, February 23, 2021/ – 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 February 26, 2021 on the terms below (Almaty time).
Security type: MEUKAM-120 ISIN: KZKD00000865 Issue order number: 0016 / 120 KASE trade code: MUM120_0016 Nominal value, tenge: 1,000.00 Outstanding bonds, pcs: 19,384,096 Circulation start date: May 27, 2015 Circulation end date: May 26, 2025 Maturity date: May 27, 2025 Circulation term: 10 years (3,600 days) Coupon rate: 7.20 % per annum Coupon payment periodicity: once a year Coupon payment schedule: 1 May 27, 2016 2 May 29, 2017 3 May 28, 2018 4 May 27, 2019 5 May 27, 2020 6 May 27, 2021 7 May 27, 2022 8 May 29, 2023 9 May 27, 2024 10 May 27, 2025 Time base: 30 / 360
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Trade date: February 26, 2021
Current maturity: 4.3 years (1,531 days)
Declared offering volume, mln tenge: 40,000
Trade subject: "clean" price
Market order execution ratio, %*: 70
Order submission method: closed
Order receipt time: 09:00–11:00
Order confirmation time: 09:00–11:00
Striking time: before 15:00 (Т+0)
Payment date and time: February 26, 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 Regulations on Trading Methods in the Trading and Clearing System ASTS +, the submission of market orders is possible only after a trading participant submits limit orders in order to ensure the permissible percentage of market orders submission per one trading participant; in this case, the withdrawal of a limit order is prohibited if the permissible percentage of market orders per one trading participant is violated.
As the price an order must indicate the "clean" (without taking into account accrued interest) price of the bond in percentage of the face value, expressed with accuracy of up to the fourth decimal place.
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 obligations (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 on 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 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 issue are available at see more
[2021-02-23]