Kazakhstan's Ministry of Finance on August 2 raised KZT2.0 bn on KASE by placing 13th issue of MEUKAM-072 (KZKD00001145, MUM072_0013) at 10.50 % APR

02.08.21 18:38
/KASE, August 2, 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 August 2, 2021 on the terms below (Nur-Sultan time). OFFERING TERMS ------------------------------------------- ------------------------------------ Trade date: August 2, 2021 Current maturity: 5.8 years (2,087 days) Declared offering volume, KZT mln: 20,000.0 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: August 2, 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 -------------------------------------------------------------------------------- From 15:30 to 16:00 o'clock, Almaty time, the issuer planned to additionally offer the mentioned bonds in KASE's trading system during a special trading session for the amount of KZT18,000.0 mln. 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. ----------------------------------------------------------- BID PARAMETERS AT OFFERING: ----------------------------------------------- ----------- 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: 2,532.1 including: – limit: 2,532.1 – market: 0 Bid to ask: 12.5 % "Clean" price on orders submitted, % of face value (on all / on active ones): – minimum 99.1647 – maximum 99.4984 – weighted average 99.4323 Yield on orders submitted, % APR (on all / on active ones): – minimum 10.5000 – maximum 10.5800 – weighted average 10.5158 ----------------------------------------------------------- * 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 came from institutional investors. OFFERING RESULTS: --------------------------------------------------- --------------- Volume of orders executed, bonds: 2,000,000 Volume of orders executed, tenge: 2,032,145,777.8 Number of orders executed: 1 Number of participants, whose orders were executed: 1 Volume of orders executed, % of plan: 10.0 Volume of orders executed, % of bid: 80.2 "Clean" price on orders submitted, % APR: 99.4984 Yield of bonds to maturity for buyer, % APR: 10.5000 ------------------------------------------------------------------- According to Central Securities Depository (Almaty), the deal on offering of the 13th issue of MEUKAM-072 (KZKD00001145, MUM072_0013) by the end of settlement of trade results was executed in full. Taking into account the earlier offering, the total amount of the 13th issue of MEUKAM-072 (KZKD00001145, MUM072_0013) made up 50,323,304 bonds with the total face value of KZT50,323,304,000. 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 redemption 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 [2021-08-02]