/KASE, September 15, 2021/ – Kazakhstan Stock Exchange (KASE) announces
that on September 15, 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: September 15, 2021
Current maturity: 7.9 years (2,833 days)
Declared offering volume, mln KZT: 5,000.0
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: September 15, 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 TCSs
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
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From 15:30 to 16:00, Nur-Sultan time, the issuer planned to additionally place
these bonds on KASE trading system worth KZT5,000.0 mln in a special trading
session, which was declared invalid as at the end of the period for accepting
orders on KASE trading and clearing system there were no active orders.
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PLACEMENT BID PARAMETERS:
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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: 5,033.4
including:
– limit: 5,033.4
– market: 0
Bid to ask: 100.0 %
"Clean" price on orders submitted, % of face value
(on all / on active ones):
– minimum 99.1680
– maximum 99.3732
– weighted average 99.2911
Yield on orders submitted, % APR (on all / on active ones):
– minimum 10.6600
– maximum 10.7000
– weighted average 10.6760
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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 institutional investors.
OFFERING RESULTS:
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Volume of orders executed, bonds: 3,000,000
Volume of orders executed, tenge: 3,022,516,833.3
Number of orders executed: 1
Number of participants, whose orders were executed: 1
Volume of orders executed, % of plan: 60.0
Volume of orders executed, % of bid: 60.0
"Clean" cut-off price, %: 99.3732
"Clean" price in orders executed, % of the face value: 99.3732
Cut-off price yield, % per annum: 10.6600
Bonds yield to maturity for a buyer, % per annum: 10.6600
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According to Central Securities Depository (Almaty), the deal on offering of
the 12th issue of MEUKAM-096 (KZKD00001160, MUM096_0012) by the end of
settlement of trade results was executed in full.
Taking into account the previous placement, the total volume of the
12th issue of MEUKAM-096 (KZKD00001160, MUM096_0012) is 29,000,000
bonds for the amount of face value of 29,000,000,000 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
[2021-09-15]