/KASE, August 18, 2021/ – Kazakhstan Stock Exchange (KASE) announces that
on August 18, 2021, two special trading sessions on placement and additional
placement of government long-term treasury obligations of the Ministry of
Finance of the Republic of Kazakhstan (MEUKAM) were held on KASE trading
system on the following terms (Nur-Sultan time).
OFFERING TERMS:
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Trade date: 18.08.21
Current maturity: 13.6 years (4,882 days)
Declared offering volume, mln tenge: 15,000.0
Trade subject: "clean" price
Market order execution ratio, %*: 70
Order submission method: closed
Order receipt time: 09:00–11:00
Order confirmation time: 09:00–11:00
Cut-off time: before 15:00 (Т+0)
Payment date and time: 18.08.21, 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 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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The said bonds were additionally offered in a special trading session on KASE
trading system from 15:30 to 16:00, Nur-Sultan time, on the conditions below.
ADDITIONAL OFFERING TERMS:
------------------------------------ ----------------------------
Trade date: 18.08.21
Current maturity: 13.6 years (4,882 days)
Declared offering volume, mln tenge: 10,000.0
Trade subject: "clean" price
Market order execution ratio, %*: 70
Order submission method: closed
Order receipt time: 15:30–16:00
Order confirmation time: 15:30–16:00
Cut-off time: before 17:00 (Т+0)
Payment date and time: 18.08.21, 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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PLACEMENT BID PARAMETERS:
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Number of participants: 3
Number of orders submitted (all / active): 5 / 5
including:
– limit: 5 / 5
– market: 0 / 0
Volume of active orders*, mln tenge: 16,488.4
including:
– limit: 16,488.4
– market: 0
Bid to ask: 109.0%
"Clean" price on orders submitted, % of face value
(on all / on active ones):
– minimum 96.3170
– maximum 96.3850
– weighted average 96.3842
Yield on orders submitted, % APR (on all / on active ones):
– minimum 10.7500
– maximum 10.7600
– weighted average 10.7501
* 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, institutional investors accounted for
69.7%, and other legal entities - 30.3%.
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ADDITIONAL PLACEMENT BID PARAMETERS:
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Number of participants: 1
Number of orders submitted (all / active): 1 / 1
Nominal volume of active orders*, mln tenge: 199.9
Bid to ask, %: 2.0
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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 institutional investors.
OFFERING RESULTS:
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Volume of orders executed, bonds: 16,343,831
Volume of orders executed, tenge: 16,488,246,906.7
Number of orders executed: 5
Number of participants, whose orders were executed: 3
Volume of orders executed, % of plan: 65.4
Volume of orders executed, % of bid: 98.8
"Clean" price in orders executed, % of the face value: 96.3850
Bonds yield to maturity for a buyer,% per annum: 10.7500
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According to Central Securities Depository (Almaty), the deals on offering of
the 5th issue of MEUKAM-168 (KZKD00001111, MUM168_0005) by the end of
settlement of trade results were executed, and 69.7% was purchased by
institutional investors, 30.3% - by other legal entities.
Taking into account the previous placement, the total volume of 5th issue of
MEUKAM-168 (KZKD00001111, MUM168_0005) is 82,563,969 bonds for the
amount of face value of 82,563,969,000 tenge.
MEKAM sold by the Ministry of Finance are automatically admitted to circulation
on KASE secondary market under the trading code indicated in the table. The
bonds must be quoted on KASE trading system at clean prices.
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
[2021-08-18]