Kazakhstan's Ministry of Finance on August 3 placed 14.0 mln METIKAM-36 of first issue (KZKT00000016, MTM036_0001) on KASE determining fixed coupon rate at 0.75 % APR

03.08.22 19:14
/KASE, August 3, 2022/ – Kazakhstan Stock Exchange (KASE) announces that two special trading sessions (for the offering and additional offering) of government TONIA rate-indexed treasury bonds of the Ministry of Finance of the Republic of Kazakhstan (METIKAM) were held in KASE's trading system on August 3, 2022 on the terms below (Nur-Sultan time). OFFERING TERMS ------------------------------------- ----------------------- Trade date: August 3, 2022 Declared offering volume, mln tenge: 50,000.0 Trade subject: coupon rate 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 date and time: 03.08.22, 15:00 Payment date: 05.08.22 Limit offset orders execution method: pro rata to amounts of offset orders Limit orders execution method: at single cut-off price Market orders execution method: at single cut-off price ------------------------------------------------------------- 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: August 3, 2022 Declared additional offering volume, mln tenge: 50,000.0 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: August 5, 2022 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: 2 Number of orders submitted (all / active): 5 / 5 including: – limit: 5 / 5 – market: 0 / 0 Volume of active orders*, mln tenge: 9,000.0 including: – limit: 9,000.0 – market: 0.0 Bid to ask: 18.0 % Rate of fixed coupon on orders submitted, % APR (on all / active ones): – minimum 0.5000 – maximum 1.0000 – weighted average 0.8389 ------------------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. The entire volume of active orders came from banks. --------------------------------------------------------------------- BID PARAMETERS AT ADDITIONAL OFFERING: ---------------------------------------------------- ---------------- Number of participants: 2 Number of orders submitted (all / active): 2 / 2 Volume of active orders*, mln tenge: 12,000.0 Bid to ask: 24.0 % ---------------------------------------------------- ---------------- * 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, banks accounted for 16.7%, and other institutional investors - 83.3 %. OFFERING RESULTS: --------------------------------------------------------------------- Volume of orders executed, bonds: 14,000,000 Volume of orders executed, tenge: 14,000,000,000.0 Number of orders executed: 4 Number of participants, whose orders were executed: 3 Volume of executed orders, % of plan: 28.0 Volume of executed orders, % of the bid: 66.7 Fixed coupon rate of bonds, % APR: 0.7500 --------------------------------------------------------------------- In terms of the main categories of investors during offering, 28.6% were bought out by banks, 71.4 - by other institutional investors. Settlements for this offering will be carried out according to the T+2 scheme. MEKAM sold at today's auction will be admitted to circulation on KASE's secondary market under the trade code specified in the table on the next business day after the day of fulfillment of obligations under deals. The bonds must be quoted in KASE's trading system in 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 [2022-08-03]