/KASE, July 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.
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BID PARAMETERS:
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Number of participants: 2
Number of orders submitted (all / active): 3 / 3
including:
– limit: 3 / 3
– market: 0 / 0
Volume of active orders*, mln tenge: 12,291.8
including:
– limit: 12,291.8
– market: 0
Bid to ask: 40.0 %
"Clean" price on orders submitted, % of face value
(on all / on active ones):
– minimum 98.9646
– maximum 99.3808
– weighted average 99.3114
Yield on orders submitted, % APR (on all / on active ones):
– minimum 10.5100
– maximum 10.6000
– weighted average 10.5249
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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.
The entire volume of active orders fell on the share of institutional investors.
OFFERING RESULTS:
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Volume of orders executed, bonds: 10,000,000
Volume of orders executed, tenge: 10,250,080,000.0
Number of orders executed: 2
Number of participants, whose orders were executed: 1
Volume of orders executed, % of plan: 33.3
Volume of orders executed, % of bid: 83.3
"Clean" cut-off price, %: 99.3808
"Clean" price in orders executed, % of the face value: 99.3808
Yield at cut-off price, % APR: 10.5100
Yield of bonds to maturity for buyer, % APR: 10.5100
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According to Central Securities Depository (Almaty), the deal on offering of
the 18th issue of MEUKAM-084 (KZKD00001137, MUM084_0018) by the end of
settlement of trade results was fully executed.
OFFERING TERMS:
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Trade date: July 30, 2021
Current maturity: 6.7 years (2,412 days)
Declared offering volume, KZT mln: 30,000.0
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: July 30, 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 on TCSs
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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Taking into account the earlier offering, the total amount of the 18th issue of
MEUKAM-084 (KZKD00001137, MUM084_0018) made up 47,921,076 bonds
with the total face value of KZT47,921,076,000.0.
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
[2021-07-30]