/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
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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
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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: 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
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BID PARAMETERS AT OFFERING:
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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
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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.
The entire volume of active orders came from banks.
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BID PARAMETERS AT ADDITIONAL OFFERING:
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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 %
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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.
In the total volume of active orders, banks accounted for 16.7%, and
other institutional investors - 83.3 %.
OFFERING RESULTS:
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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
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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]