/KASE, November 5, 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
November 5, 2021 on the terms below (Nur-Sultan time).
OFFERING TERMS
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Trade date: November 5, 2021
Current maturity: 2.2 years (805 days)
Declared offering volume, KZT mln: 25,000.0
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: November 5, 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, Almaty 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: November 5, 2021
Current maturity: 2.2 years (805 days)
Declared additional offering volume, KZT mln: 10,000.0
Trade subject: "clean" price
Market order execution rate, %: 0
Order submission method: closed
Order collection time: 15:30–16:00
Order confirmation time: 15:30–16:00
Striking time: before 17:00 (Т+0)
Payment date and time: November 5, 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: 4
Number of orders submitted (all / active): 14 / 14
including:
– limit: 14 / 14
– market: 0 / 0
Volume of active orders*, mln tenge: 46,024.1
including:
– limit: 46,024.1
– market: 0
Bid to ask, %: 175.0 %
"Clean" price on orders submitted, % of face value
(on all / on active ones):
– minimum 97.6319
– maximum 98.1024
– weighted average 97.9411
Yield on orders submitted, % APR (on all / on active ones):
– minimum 10.4500
– maximum 10.7000
– weighted average 10.5355
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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.
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The total volume of active orders originated from banks.
BID PARAMETERS AT ADDITIONAL OFFERING:
------------------------------------------------------ --------------------
Number of participants: 3
Number of orders submitted (all / active): 4 / 3
Nominal volume of active orders*, mln tenge: 15,795.4
Bid to ask, %: 150.0
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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
In the total volume of active orders, banks accounted for 86.7 %, and other
institutional investors – for 13.3 %.
OFFERING RESULTS:
------------------------------------------------------ --------------------
Volume of orders executed, bonds: 40,000,000
Volume of orders executed, tenge: 42,120,933,777.8
Number of orders executed: 7
Number of participants, whose orders 3
were executed:
Volume of executed orders, % of plan: 114.3
Volume of executed orders, % of the bid: 68.1
"Clean" price in orders executed, % of face value:
– minimum 98.0080
– maximum 98.1024
– weighted average 98.0454
Yield of bonds to maturity for buyer, % APR:
– minimum 10.4500
– maximum 10.5000
– weighted average 10.4801
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According to Central Securities Depository (Almaty), deals on offering of the
17th issue of MEUKAM-084 (KZKD00000881, MUM084_0017) by the end of settlement of
trade results were executed.
In terms of the main investor categories, during the offering 95.0 % fell on
banks, 5.0 % - on other institutional investors.
Taking into account the earlier offering, the total amount of the 17th issue of
MEUKAM-084 (KZKD00000881, MUM084_0017) made up 313,491,133 bonds
with the total face value of KZT313,491,133,000.
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 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
[2021-11-05]