/KASE, November 12, 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 12, 2021 on the terms below (Nur-Sultan time).
OFFERING TERMS
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Trade date: November 12, 2021
Current maturity: 14.8 years (5,323 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
Striking time: before 15:00 (Т+0)
Payment date and time: November 12, 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 12, 2021
Current maturity: 14.8 years (5,323 days)
Declared additional offering volume, mln KZT: 10,000.0
Trade subject: "clean" price
Market order execution ratio, %: 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 12, 2021, 17:00
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
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BID PARAMETERS AT OFFERING:
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Number of participants: 4
Number of orders submitted (all / active): 5 / 5
including:
– limit: 4 / 4
– market: 1 / 1
Volume of active orders*, mln tenge: 24,871.0
including:
– limit: 23,121.0
– market: 1,750.0
Bid to ask, %: 97.9 %
"Clean" price on orders submitted, % of face value
(on all / on active ones):
– minimum 99.2595
– maximum 99.7634
– weighted average 99.2894
Yield on orders submitted, % APR (on all / on active ones):
– minimum 10.8000
– maximum 10.8700
– weighted average 10.8658
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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, institutional investors accounted
for 92.0 %, and for other legal entities – for 8.0 %.
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BID PARAMETERS AT ADDITIONAL OFFERING:
-------------------------------------------------------------- ----------------
Number of participants: 1
Number of orders submitted (all / active): 3 / 3
Nominal volume of active orders*, mln tenge: 4,063.8
Bid to ask, %: 40.0
-------------------------------------------------------------- ----------------
* 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, brokerage and dealer organizations
accounted for 25.0 %, and other institutional investors – for 75.0 %.
OFFERING RESULTS:
-------------------------------------------------------------- ----------------
Volume of orders executed, bonds: 28,480,542
Volume of orders executed, tenge: 28,934,847,604.0
Number of orders executed: 8
Number of participants, whose orders were executed: 5
Volume of executed orders, % of plan: 81.4
Volume of executed orders, % of the bid: 100.0
"Clean" price in executed orders, % of face value:
– minimum 99.2595
– maximum 99.7634
– weighted average 99.2894
Yield of bonds to maturity for buyer, % APR:
– minimum 10.8000
– maximum 10.8700
– weighted average 10.8667
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According to Central Securities Depository (Almaty), deals on offering of
MEUKAM-180 of the 15th issue (KZKD00001186, MUM180_0015) by the end of
settlement of trade results were executed.
In the context of the main categories of investors, 3.5 % fell on the share of
broker-dealer organizations, 89.6 % - on the share of other institutional
investors, 6.9% - on the share of other legal entities.
Taking into account the earlier placement, the total volume of MEUKAM-180 of
the 15th issue (KZKD00001186, MUM180_0015) amounted to 72,406,281 bonds
for the amount of the par value of KZT72,406,281,000.
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
[2021-11-12]