/KASE, October 22, 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
October 22, 2021 on the terms below (Nur-Sultan time).
OFFERING TERMS
------------------------------------- ------------------------------------------
Trade date: October 22, 2021
Current maturity: 13.4 years (4,818 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: October 22, 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 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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From 15:30 to 16:00 o'clock, Nur-Sultan time, a special trading session for
additional offering of the mentioned bonds was held in KASE's trading
system on the terms below.
ADDITIONAL OFFERING TERMS:
---------------------------------------------------------------------------------------------
Trade date: October 22, 2021
Current maturity: 13.4 years (4,818 days)
Declared additional offering volume, mln tenge: 5,000.0
Trade subject: "clean" price
Market order execution ratio, %: 0
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: October 22, 2021,
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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BID PARAMETERS AT OFFERING:
----------------------------------------------------- ----------------
Number of participants: 3
Number of orders submitted (all / active): 4 / 4
including:
– limit: 3 / 3
– market: 1 / 1
Volume of active orders*, mln tenge: 12,268.4
including:
– limit: 11,268.4
– market: 1,000.0
Bid to ask: 79.9 %
"Clean" price on orders submitted, % of face value
(on all / on active ones):
– minimum 96.0735
– maximum 96.2081
– weighted average 96.0858
Yield on orders submitted, % APR (on all / on active ones):
– minimum 10.7800
– maximum 10.8000
– weighted average 10.7982
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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.
BID PARAMETERS AT ADDITIONAL OFFERING:
----------------------------------------------------- ----------------
Number of participants: 1
Number of orders submitted (all / active): 1 / 1
Nominal volume of active orders*, mln tenge: 1,024.1
Bid to ask, %: 20.0
-----------------------------------------------------
* 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:
----------------------------------------------------- ----------------
Volume of orders executed, bonds: 12,980,117
Volume of orders executed, tenge: 13,292,498,247.2
Number of orders executed: 5
Number of participants, whose orders were executed: 4
Volume of orders executed, % of plan: 86.5
Volume of orders executed, % of bid: 100.0
"Clean" price in orders executed, % of face value:
– minimum 96.0735
– maximum 96.2081
– weighted average 96.0858
Yield of bonds to maturity for buyer, % APR:
– minimum 10.7800
– maximum 10.8000
– weighted average 10.7985
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According to Central Securities Depository (Almaty), deals on offering of the
fifth issue of MEUKAM-168 (KZKD00001111, MUM168_0005) by the end of
settlement of trade results were executed in full.
Taking into account the earlier offering, the total amount of the fifth issue of
MEUKAM-168 (KZKD00001111, MUM168_0005) made up 113,881,133 bonds
with the total face value of KZT113,881,133,000.
MEKAM sold by the Ministry of Finance are automatically admitted to circulation
on KASE's secondary market under the trading code indicated in the table. In
this case, bonds must be quoted in the KASE's trading system at clean prices.
The Rules of issue, placement, circulation, service and maturity of government
treasury bonds of the Republic of Kazakhstan are available 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
[2021-10-22]