Special trading session for offering of 150th issue of MEKKAM-12 (KZK100000266, MKM012_0150) with settlement on January 24 will be held on KASE on January 20
/KASE, January 18, 2022/ – Kazakhstan Stock Exchange (KASE) announces that a special trading session for the offering of government short-term treasury bonds of Kazakhstan's Ministry of Finance (MEKKAM) will be held on January 20, 2022 in KASE's trading system on the terms below (Nur-Sultan time).
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Security type: MEKKAM-12
ISIN: KZK100000266
Issue order number: 0150 / 012
KASE trade code: MКM012_0150
Face value, tenge: 100.00
Volume of bonds in circulation, pieces: –
Circulation start date: 24.01.22
Last circulation day: 23.01.23
Maturity date: 24.01.23
Circulation term: 365 days
Time base: actual / actual
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Trade date: January 20, 2022
Declared offering volume, mln tenge: 60,000.0
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
Cut-off date and time: January 20, 2022, 15:00
Payment date: January 24, 2022
Method of execution of limit offset orders: pro rata to amounts
of offset orders
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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* In accordance with the Regulations on methods of trading in trading and clearing systems, submission of market orders is possible only after a trading participant submits limit orders for the purposes of ensuring the permissible percentage of market orders submission per trading participant; in this case withdrawal of a limit order is prohibited, if the permissible percentage of market orders per trading participant is violated.
As the price an order must indicate the "clean" (without taking into account the accrued interest) price of the bond in percentage of the face value, denominated with accuracy within the fourth decimal.
Settlements for this offering will be carried out according to the T+2 scheme. Trading participants must by the time indicated in the table provide money available at the money account used for settlement on deals in securities in accordance with the set of rules of the Central Securities Depository (Almaty), in the amount sufficient to pay for acquired treasury bonds (based on the assumption that all orders submitted by trading participants and accepted by KASE are subject to execution).
At full or partial execution of orders submitted, the payment of the respective amount must be carried out in accordance with the Rules of placement of government treasury obligations of the Republic of Kazakhstan. The text of the said Rules is available at see more
The Rules of issue, placement, circulation, service and maturity of government treasury obligations of the Republic of Kazakhstan are available on KASE website at see more
The Regulations on methods of trading in the trading and clearing systems are available at see more
Details of the said bond issuance will be released on see more
[2022-01-18]