Kazakhstan's Ministry of Finance on June 30 raises KZT49.5 mln on KASE by placing first issue of MEUKAM-240 (KZKD00000550, MUM240_0001) at yield of 10.55 % APR

30.06.21 18:00
/KASE, June 30, 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: 2 Number of orders submitted (all / active): 2 / 2 including: – limit: 2 / 2 – market: 0 / 0 Volume of active orders*, mln tenge: 1,074.2 including: – limit: 1,074.2 – market: 0 Bid to ask, %: 15.7 % "Clean" price on orders submitted, % of face value (on all / on active ones): – minimum 67.3057 – maximum 68.2681 – weighted average 67.3495 Yield on orders submitted, % APR (on all / on active ones): – minimum 10.5500 – maximum 10.7500 – weighted average 10.7408 ---------------------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. The total volume of active orders fell on institutional investors. OFFERING RESULTS: ------------------------------------------------------------ --------------------- Volume of orders executed, bonds: 71,453 Volume of orders executed, tenge: 49,500,089.9 Number of orders executed: 1 Number of participants, whose orders were executed: 1 Volume of orders executed, % of plan: 0.7 Volume of orders executed, % of bid: 4.5 "Clean" cut-off price, %: 68.2681 "Clean" price in orders executed, % of face value: 68.2681 Yield at cut-off price, % APR: 10.5500 Bonds' yield to maturity for buyer,% APR: 10.5500 ---------------------------------------------------------------------------------- According to Central Securities Depository (Almaty), a deal on offering of the first issue of MEUKAM-240 (KZKD00000550, MUM240_0001) by the end of settlement of trade results was executed in full. OFFERING TERMS: ------------------------------------------- ------------------------------------ Trade date: June 30, 2021 Current maturity: 10.8 years (3,894 days) Declared offering volume, mln tenge: 10,000.0 Trade subject: "clean" price Market order execution rate, %*: 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: June 30, 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 first issue of MEUKAM-240 (KZKD00000550, MUM240_0001) made up 87,753,441 bonds with the total face value of KZT87,753,441,000.0. 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 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 [2021-06-30]