/KASE, November 10, 2021/ – Kazakhstan Stock Exchange (KASE) announces that two
special trading sessions (for the offering and additional offering) of government
mid-term treasury bonds of the Ministry of Finance of the Republic of Kazakhstan
(MEOKAM) were held in the trading system of Kazakhstan Stock Exchange (KASE) on
November 10, 2021 on the terms below (Nur-Sultan time).
OFFERING TERMS
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Trade date: November 10, 2021
Current maturity: 4.7 years (1,704 days)
Declared offering volume, mln KZT: 25,000.0
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
Cut-off time: before 15:00 (Т+0)
Payment date and time: November 10, 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 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:
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Trade date: November 10, 2021
Current maturity: 10.7 years (3,856 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 10, 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:
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Number of participants: 9
Number of orders submitted (all / active): 15 / 15
including:
– limit: 15 / 15
– market: 0 / 0
Volume of active orders*, mln tenge: 48,011.9
including:
– limit: 48,011.9
– market: 0
Bid to ask, %: 188.3 %
"Clean" price on orders submitted, % of face value
(on all / on active ones):
– minimum 98.8762
– maximum 99.4195
– weighted average 99.2075
Yield on orders submitted, % APR (on all / on active ones):
– minimum 10.6500
– maximum 10.8000
– weighted average 10.7084
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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, second-tier banks (STBs) accounted for
82.8 %, other institutional investors – for 13.0 %, other legal entities –
for 4.2 %.
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BID PARAMETERS AT ADDITIONAL OFFERING:
------------------------------------------------------ ---------------
Number of participants: 2
Number of orders submitted (all / active): 2 / 2
Nominal volume of active orders*, mln tenge: 3,019.5
Bid to ask, %: 29.6
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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 33.8 %, and other legal entities – for 66.2 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 6,000,000
Volume of orders executed, tenge: 6,000,000,000.0
Number of orders executed: 3
Number of participants, whose orders were executed: 1
Volume of executed orders, % of plan: 24.0
Volume of executed orders, % of the bid: 60.0
Coupon rate on orders submitted, % APR:
"Clean" price in executed orders, % of face value:
– minimum 99.2380
– maximum 99.4195
– weighted average 99.2639
Yield of bonds to maturity for buyer, % APR:
– minimum 10.6500
– maximum 10.7000
– weighted average 10.6926
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According to Central Securities Depository (Almaty), deals on offering of the
52nd issue of MEOKAM-060 (KZK200000679, MOM060_0052) by the end of settlement of
trade results were fully executed.
In terms of the main categories of investors, during the offering 78.8 % fell on
banks, 16.0 % - on other institutional investors. 5.2% - on other legal entities.
Taking into account the earlier offering, the full volume of MEOKAM-060 of issue
52 (KZK200000679, MOM060_0052) amounted to 137,504,661 bonds for the amount of
par value of KZT137,504,661,000.
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
[2021-11-10]