/KASE, February 23, 2022/ – 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
February 23, 2022 on the terms below (Nur-Sultan time).
OFFERING TERMS
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Trade date: February 23, 2022
Current maturity: 7.4 years (2,675 days)
Declared offering volume, mln KZT: 30,000.0
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: February 23, 2022, 15:00
Payment date: February 25, 2022
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: February 23, 2022
Current maturity: 7.4 years (2,675 days)
Declared additional offering volume, mln KZT: 30,000.0
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: February 25, 2022
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: 1
Number of orders submitted (all / active): 6 / 6
including:
– limit: 6 / 6
– market: 0 / 0
Volume of active orders*, mln tenge: 3,100.9
including:
– limit: 3,100.9
– market: 0.0
Bid to ask, %: 10.0 %
"Clean" price on orders submitted, % of face value
(on all / on active ones):
– minimum 96.6978
– maximum 97.9016
– weighted average 97.2983
Yield on orders submitted, % APR (on all / on active ones):
– minimum 10.9500
– maximum 11.2000
– weighted average 11.0747
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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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BID PARAMETERS AT ADDITIONAL OFFERING:
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Number of participants: 2
Number of orders submitted (all / active): 4 / 4
Nominal volume of active orders*, mln tenge: 24,923.2
Bid to ask, %: 80.0 %
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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.
OFFERING RESULTS:
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Volume of orders executed, bonds: 25,000,000
Volume of orders executed, tenge: 25,961,662,500.0
Number of orders executed: 6
Number of participants, whose orders were executed: 2
Volume of executed orders, % of plan: 83.3
Volume of executed orders, % of the bid: 92.6
"Clean" price in executed orders, % of face value:
– minimum 97.6592
– maximum 97.9016
– weighted average 97.7804
Yield of bonds to maturity for buyer, % APR:
– minimum 10.9500
– maximum 11.0000
– weighted average 10.9702
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Taking into account the earlier placement, the total volume of MEUKAM-096 of
the 12th issue (KZKD00001160, MUM096_0012) amounted to 85,579,835 bonds
for the amount of the par value of KZT85,579,835,000.
Settlements for this offering will be carried out according to the T+2 scheme.
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
https://kase.kz/files/mix/newgko.pdf
The Rules of placement of government treasury bonds of the Republic of
Kazakhstan are available at
https://kase.kz/files/normative_base/mekam_placement_eng.pdf
Detailed information on the issue of these bonds is available at
https://kase.kz/en/gsecs/show/MUM096_0012/
[2022-02-23]