/KASE, August 10, 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 10, 2022 on the terms below (Nur-Sultan time).
OFFERING TERMS
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Trade date: August 10, 2022
Current maturity: 3.0 years (1,075 days)
Declared offering volume, mln tenge: 40,000.0
Trade subject: "clean" price
Purchase order types: limit
Market order execution rate, %: 70
Order submission method: closed
Order collection period: 09:00–11:00
Order confirmation period: 09:00–11:00
Cut-off time: 10.08.22, before 15:00
Payment date and time: 10.08.22, 15:00
Limit offset orders execution method: in accordance with
item 6 of Article 28 of the Regulations on
Methods of Conducting Trades
in TCSs
Limit orders execution method: at prices of limit offset
orders equal to the cut-off
price or those more
favorable for the seller
Market orders execution method: 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: 10.08.22
Current maturity: 3.0 years (1,075 days)
Declared additional offering volume, mln tenge: 35,000.0
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: 10.08.22
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: 3
Number of orders submitted (all / active): 10 / 10
including:
– limit: 10 / 10
– market: 0 / 0
Volume of active orders*, mln tenge: 15,326.4
including:
– limit: 15,326.4
– market: 0.0
Bid to ask: 39.0 %
"Clean" price on orders submitted, % of face value (on all / active ones):
– minimum 97.0008
– maximum 100.0000
– weighted average 98.0420
Yield on orders submitted, % APR (on all / active ones):
– minimum 14.7000
– maximum 16.0000
– weighted average 15.5392
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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, the share of banks accounted for 97.2%,
the share of brokerage and dealer organizations – for 1.7 %,
and the share of other legal entities – for 1.1 %.
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BID PARAMETERS AT ADDITIONAL OFFERING:
---------------------------------------------------------- ----------------------
Number of participants: 1
Number of orders submitted (all / active): 1 / 1
Volume of active orders*, mln tenge: 29,737.6
Bid to ask: 84.9 %
---------------------------------------------------------- ----------------------
* 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 fell on the share of institutional investors.
OFFERING RESULTS:
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Volume of orders executed, bonds: 35,000,000
Volume of orders executed, tenge: 35,044,304,794.5
Number of orders executed: 7
Number of participants, whose orders were executed: 2
Volume of executed orders, % of plan: 87.5
Volume of executed orders, % of the bid: 77.3
"Clean" price in orders executed, % of face value:
– minimum 99.7608
– maximum 100.0000
– weighted average 99.9224
Yield of bonds to maturity for buyer, % APR:
– minimum 14.7000
– maximum 14.8000
– weighted average 14.7302
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According to the data of Central Securities Depository JSC (Almaty), deals on
placement of METIKAM-36 of the first issue (KZKT00000016, MTM036_0001)
were executed by the end of settlements on the results of trades.
In terms of the main categories of investors during offering, 14.3 % were bought
out by banks, 85.7 % - by other institutional investors.
Taking into account the earlier placement, the total volume of METIKAM-36 of
the first issue (KZKT00000016, MTM036_0001) amounted to 49,000,000 bonds
for the amount of the face value of KZT49,000,000,000.
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
[2022-08-10]