/KASE, September 29, 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: 4
Number of orders submitted (all / active): 8 / 8
including:
– limit: 8 / 8
– market: 0 / 0
Volume of active orders*, mln tenge: 26,786.6
including:
– limit: 26,786.6
– market: 0
Bid to ask, %: 137.2 %
"Clean" price on orders submitted, % of face value (on all / on active ones):
– minimum 94.6263
– maximum 94.9472
– weighted average 94.7039
Yield on orders submitted, % APR (on all / on active ones):
– minimum 10.2900
– maximum 10.4400
– weighted average 10.4037
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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 total volume of active orders came from second-tier banks.
OFFERING RESULTS:
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Volume of orders executed, bonds: 27,448,533
Volume of orders executed, tenge: 26,786,604,396.8
Number of orders executed: 8
Number of participants, whose orders were executed: 4
Volume of orders executed, % of plan: 137.2
Volume of orders executed, % of bid: 100.0
"Clean" cut-off price, %: 94.6263
"Clean" price in orders executed, % of the face value:
– minimum 94.6263
– maximum 94.9472
– weighted average 94.7039
Yield at cut-off price, % APR: 10.4400
Yield of bonds to maturity for buyer, % APR:
– minimum 10.2900
– maximum 10.4400
– weighted average 10.4037
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According to Central Securities Depository (Almaty), deals on offering of the
first issue of MEUKAM-180 (KZKD00000105, MUM180_0001) by the end of
settlement of trade results were fully executed.
OFFERING TERMS:
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Trade date: September 29, 2021
Current maturity: 2.6 years (951 days)
Declared offering volume, mln tenge: 20,000.0
Trade subject: "clean" price
Market order execution ratio, %: 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 29, 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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Taking into account the earlier offering, the total amount of the first issue of
MEUKAM-180 (KZKD00000105, MUM180_0001) made up 151,630,513 bonds
with the total face value of KZT151,630,513,000.
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 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
[2021-09-29]