/KASE, June 29, 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 June 29, 2021 on the terms below (Nur-Sultan time).
OFFERING TERMS
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Trade date: June 29, 2021
Current maturity: 6.8 years (2,443 days)
Declared offering volume, KZT mln: 15,000.0
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: June 29, 2021,
15:00
Limit offset orders execution method: in accordance with
item 6 of Article 28 of the Regulations
on the Methods of Conducting
Trades in TCS ASTS+
Limit orders execution method: at prices of limit offset orders equal to
the cut-off price or
those more favorable for
the seller
Market orders execution method: at weighted average price
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From 15:30 to 16:00 o'clock, Almaty time, a special trading session for
additional offering of the mentioned bonds was held in KASE's trading
system on the terms below.
ADDITIONAL OFFERING TERMS:
--------------------------------------------------------------------------------
Trade date: June 29, 2021
Current maturity: 6.8 years (2,443 days)
Declared additional offering volume, KZT mln: 13,000.0
Trade subject: "clean" price
Market order execution rate, %: 0
Order submission method: closed
Order collection time: 15:30–16:00
Order confirmation time: 15:30–16:00
Striking time: before 17:00 (Т+0)
Payment date and time: June 29, 2021,
17:00
Limit orders execution method: at prices of limit offset orders
equal to the
cut-off price or
those more favorable for
the seller
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BID PARAMETERS AT OFFERING:
---------------------------------------------------- ---------------
Number of participants: 2
Number of orders submitted (all / active): 4 / 4
including:
– limit: 4 / 4
– market: 0 / 0
Volume of active orders*, mln tenge: 7,360.1
including:
– limit: 7,360.1
– market: 0
Bid to ask, %: 48.4 %
"Clean" price on orders submitted, % of face value
(on all / on active ones):
– minimum 98.9783
– maximum 99.6792
– weighted average 99.1552
Yield on orders submitted, % APR
(on all / on active ones):
– minimum 10.4500
– maximum 10.6000
– weighted average 10.5620
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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.
---------------------------------------------------- ---------------
In the total volume of active orders, brokerage and
dealer organizations accounted for 27.2 %, and
other institutional investors – 72.8 %.
BID PARAMETERS AT ADDITIONAL OFFERING:
---------------------------------------------------- ---------------
Number of participants: 1
Number of orders submitted (all / active): 4 / 2
Nominal volume of active orders*, mln tenge: 2,202.2
Bid to ask, %: 16.6
---------------------------------------------------- ---------------
* 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, broker-dealer organizations
accounted for 90.9 %, and other institutional investors – for 9.1 %.
OFFERING RESULTS:
---------------------------------------------------- ---------------
Volume of orders executed, bonds: 4,423,853
Volume of orders executed, tenge: 4,502,200,961.0
Number of orders executed: 5
Number of participants, whose orders 1
were executed:
Volume of executed orders, % of plan: 29.5
Volume of executed orders, % of the bid: 46.9
"Clean" price in orders executed, % of face value:
– minimum 99.4448
– maximum 99.6792
– weighted average 99.5466
Yield of bonds to maturity for buyer, % APR:
– minimum 10.4500
– maximum 10.5000
– weighted average 10.4791
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According to Central Securities Depository (Almaty), deals on offering of the
18th issue of MEUKAM-084 (KZKD00001137, MUM084_0018) by the end of settlement
of trade results were executed, with 88.9 % purchased by broker-dealer
organizations, 11.1 % – by other institutional investors.
Taking into account the earlier offering, the total amount of the 18th issue of
MEUKAM-084 (KZKD00001137, MUM084_0018) made up 35,956,925 bonds with the total
face value of KZT35,956,925,000.
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 maturity 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
[2021-06-29]