Ministry of Finance of Kazakhstan placed MEUKAM-144 of the third issue (KZKD00000378, MUM144_0003) with yield to maturity of 14.50 % APR on KASE on June 29

29.06.22 21:34
/KASE, June 29, 2022/ – Kazakhstan Stock Exchange (KASE) informs that on June 29, 2022 two sessions of specialized trades (on placement and additional placement) of government long-term treasury bills of the Ministry of Finance of the Republic of Kazakhstan (MEUKAM) were held in KASE trade system on the following terms (Nur-Sultan time). TERMS OF PLACEMENT: ------------------------------------------- ----------------------------------- Trading date: June 29, 2022 Term to maturity: 0.8 years (297 days) Announced volume of placement, KZT million: 10,000.0 Trading subject: "clean" price Market order satisfaction rate, %: 70 Method of orders submission: closed Time of acceptance of orders: 09:00–11:00 Time of orders confirmation: 09:00–11:00 Cut-off time: June 29, 2022, 15:00 Payment date and time: July 1, 2022 Method of satisfying limited orders: in accordance with item 6 Articles 28 of the Regulations on the methods of Trading in trading and Clearing systems The method of satisfying limited orders: at the prices of limited counter orders equal to the cut-off price or being more profitable for the seller Method of satisfying market orders: at a weighted average price ------------------------------------------------------------------------------------------------------------------------------------------------------------------ From 15:30 to 16:00, Nursultan time, specialized trading sessions were held in KASE trading system for the placement of these bonds on the following conditions. TERMS OF PLACEMENT: ---------------------------------------------------- ----------------------------------------------------------------------------------------------------------- Trading date: June 29, 2022 Term to maturity: 0.8 years (297 days) Pledged volume of additional placement, KZT million: 10,000.0 Trading subject: "clean" price Market order satisfaction rate, %: 0 Method of orders submission: closed Time of acceptance of orders: 15:30–16:00 Time of orders confirmation: 15:30–16:00 Cut-off time: before 17:00 (Т+0) Payment date: July 1, 2022 Method of satisfying limited orders at the prices of limited counter orders equal to the cut-off price or being more profitable for the seller ------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- DEMAND PARAMETERS WHEN PLACING: ------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------- Number of participants: 4 Number of applications submitted (total / active), 5 / 5 Including: - limited: 5 / 5 - Market: 0 / 0 Volume of active orders*, million tenge, 37,669.6 including: - limited: 37,669.6 - market: 0,0 Demand to supply: х4,0 times "Clean" price of orders submitted, % of face value (for all/active orders): - minimum 92.9483 - maximum 93.2842 - weighted average 93.2170 Yield on orders submitted, % p.a. (for all/active orders): - minimum 14.5000 - maximum 15.0000 - weighted average 14.5997 -------------------------------------------------------------------- * active orders - orders not cancelled by trading participants orders at the time of expiry of the trading period, including confirmed by participants in the Confirmation System. Banks accounted for the entire volume of active orders. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- DEMAND PARAMETERS FOR ADDITIONAL PLACEMENT: ------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------- Number of participants: 1 Number of orders submitted (total / active): 1 / 1 Volume of active orders*, million KZT: 2,827.2 Demand to supply: 30.0 % ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- * active orders – orders that have not been cancelled by trading participants orders at the time of expiry of the trading period, including confirmed by participants of the Confirmation System. Banks accounted for the entire volume of active orders. PLACEMENT RESULTS: ------------------------------------------------------- ---------------- Volume of satisfied orders, bonds: 35,000,000 Volume of satisfied orders, tenge: 32,984,400,555.6 Number of orders satisfied: 4 Number of participants whose applications were granted: 4 Volume of satisfied orders, % of plan: 350.0 Volume of satisfied orders, % of demand: 81.4 "Net price in satisfied orders, % of 93.2842 Bond yield to maturity for a buyer, % APR: 14.5000 ------------------------------------------------------------------------ Taking into account the previously conducted placement, the full amount of MEUKAM-144 of the third issue (KZKD00000378, MUM144_0003) was 343,899,692 bonds at par value of 343,899,692,000 tenge. Settlement of this offering will be made by T+2 scheme. MEKAM sold at today's trading session will be admitted to circulation on KASE's secondary market under the trade code indicated in the table on the next working day after the day of execution of liabilities on trades. At that, bonds should be quoted in KASE's trade system in clean prices. Rules for the issue, placement, circulation, servicing and redemption of state treasury bonds of the Republic of Kazakhstan are published at https://kase.kz/files/mix/newgko.pdf The rules for the placement of State Treasury Bills of the Republic of Kazakhstan are published at https://kase.kz/files/normative_base/mekam_placement.pdf Details of the bond issue can be found here https://kase.kz/en/gsecs/show/MUM144_0003/ [2022-06-29]