/KASE, November 15, 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 15, 2021 on the terms below (Nur-Sultan time).
OFFERING TERMS
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Trade date: November 15, 2021
Current maturity: 11.8 years (4,238 days)
Declared offering volume, mln tenge: 25,000.0
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: November 15, 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: November 15, 2021
Current maturity: 11.8 years (4,238 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: November 15, 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
--------------------------------------------------------------------------------
----------------------------------------------------------
BID PARAMETERS AT OFFERING:
----------------------------------------------- -----------
Number of participants: 1
Number of orders submitted (all / active): 1 / 1
including:
– limit: 1 / 1
– market: 0 / 0
Volume of active orders*, mln tenge: 20,286.3
including:
– limit: 20,286.3
– market: 0
Bid to ask, %: 80.0 %
"Clean" price on orders submitted, % of face 98.9968
value (on all / on active ones):
Yield on orders submitted, % APR 10.8300
(on all / on active ones):
-----------------------------------------------------------
* 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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BID PARAMETERS AT ADDITIONAL OFFERING:
--------------------------------------------------- ----------------
Number of participants: 1
Number of orders submitted (all / active): 1 / 1
Nominal volume of active orders*, mln tenge: 2,000.0
Bid to ask, %: 39.4
--------------------------------------------------- -----------------
* active orders – orders not annulled by trade participants
at expiry of order submission period including those
confirmed by Confirmation System participants.
OFFERING RESULTS:
--------------------------------------------------- ----------------
Volume of orders executed, bonds: 21,971,769
Volume of orders executed, tenge: 22,286,348,582.0
Number of orders executed: 2
Number of participants, whose orders were executed: 2
Volume of executed orders, % of plan: 87.9
Volume of executed orders, % of the bid: 100.0
"Clean" price in executed orders, % of face value: 98.9968
Yield of bonds to maturity for buyer, % APR: 10.8300
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According to Central Securities Depository (Almaty), deals on offering of the
ninth issue of MEUKAM-144 (KZKD00001178, MUM144_0009) by the end of
settlement of trade results were executed.
In terms of the main categories of investors, during the offering 91.0 % fell on
other institutional investors, 9.0 % - on other legal entities.
Taking into account the earlier placement, the total volume of MEUKAM-144 of
the ninth issue (KZKD00001178, MUM144_0009) amounted to 47,071,350 bonds
for the amount of the par value of KZT47,071,350,000.
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]