Kazakhstan's Ministry of Finance on August 10 raised KZT35.0 bn by placing METIKAM-36 of first issue (KZKT00000016, MTM036_0001) at weighted average yield to maturity of 14.73 % APR

10.08.22 19:20
/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 ------------------------------------- ------------------------------------------ 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 -------------------------------------------------------------------------------- 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: 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 --------------------------------------------------------------------------- -------------------------------------------------------------------------- BID PARAMETERS AT OFFERING: ------------------------------------------------------ ------------------- 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 --------------------------------------------------------------------------- * 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 %. --------------------------------------------------------------------------------- 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: --------------------------------------------------------------------------------- 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 --------------------------------------------------------------------------------- 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]