/KASE, March 17, 2021/ – Kazakhstan Stock Exchange (KASE) announces that
two special trading sessions (for the offering and additional offering) of
government long-term treasury bonds of the Ministry of Finance of the
Republic of Kazakhstan (MEUKAM) were held in the trading system of
Kazakhstan Stock Exchange (KASE) on March 17, 2021 on the terms below
(Almaty time).
OFFERING TERMS
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Trade date: March 17, 2021
Declared offering volume, mln tenge: 10,000
Trade subject: coupon rate
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: March 17, 2021, 15:00
Method of execution of limit offset orders: pro rata to amounts
of offset orders
Method of execution of limit orders: at single cut-off price
Method of execution of market orders: at single cut-off price
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From 15:30 to 16:00 o'clock, the issuer planned to additionally place mentioned
bonds in KASE's trading system during a special trading session for the amount
of KZT10,000.0 mln. However, the special trading session for additional
offering was declared invalid, due to the fact that at the end of the order
collection period there were no active orders in KASE's trading system.
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BID PARAMETERS AT OFFERING:
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Number of participants: 1
Number of orders submitted (all / active): 3 / 3
including:
– limit: 3 / 3
– market: 0 / 0
Volume of active orders*, mln tenge: 3,000.00
including:
– limit: 3,000.00
– market: 0
Bid to ask, %: 30.0
Rate of coupon on orders submitted, % APR (on all / on active ones):
– minimum 10.2000
– maximum 10.3000
– weighted average 10.2500
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* active orders – orders not annulled by trade participants
at expiry of order submission period including those
confirmed by Confirmation System participants.
OFFERING RESULTS:
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Volume of orders executed, bonds: 3,000,000
Volume of orders executed, tenge: 3,000,000,000.0
Number of orders executed: 3
Number of participants, whose orders were executed: 1
Volume of executed orders, % of the bid: 100.0
Coupon rate of bonds to maturity for buyer, % APR 10.3000
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According to Central Securities Depository (Almaty), the deals on offering the
19th issue of MEUKAM-120 (KZKD00001129, MUM120_0019) by the end of
settlement of trade results were executed in full.
MEKAM sold by the Ministry of Finance are automatically admitted to circulation
on KASE's secondary market under the trading code indicated in the table. In
this case, bonds must be quoted in the KASE's trading system at clean prices.
The Rules of issue, placement, circulation, service and redemption of
government treasury bonds of the Republic of Kazakhstan are available 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
[2021-03-17]