/KASE, September 23, 2022/ – Kazakhstan Stock Exchange (KASE) announces that a
repeated special trading session for the offering of the TONIA rate-indexed
government treasury obligations of the Ministry of Finance of the Republic of
Kazakhstan (METIKAM) will be held in KASE's trading system on September 28, 2022
on the terms below (Astana time).
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Security type: METIKAM-48
ISIN: KZKT00000024
Issue order number: 0001 / 048
KASE trade code: MTM048_0001
Face value, tenge: 1,000.00
Outstanding bonds, pcs: 25,100,000
Circulation start date: 09.09.22
Circulation end day: 08.09.26
Maturity date: 09.09.26
Circulation term: 4 years (1,440 days)
Coupon rate, % APR: 0.85 + TONIA
Compounded for six
months (TCR_6M)
Coupon payment periodicity: twice a year
Coupon payment schedule: 1 09.03.23
2 11.09.23
3 11.03.24
4 09.09.24
5 11.03.25
6 09.09.25
7 10.03.26
8 09.09.26
Time base: 30 / 360
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Trade date: 28.09.22
Current maturity: 3.9 years (1,421 days)
Declared offering volume, mln tenge: 60,000.0
Trade subject: "clean" price
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 date and time: 28.09.22, 15:00
Payment date: 28.09.22
Limit offset orders execution method: in accordance with
item 6 of Article 28 of the Regulations on
Methodsof 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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* In accordance with the Regulations on methods of trading in trading and
clearing systems, submission of market orders is possible only after a trading
participant submits limit orders for the purposes of ensuring the permissible
percentage of market orders submission per trading participant; in this case
withdrawal of a limit order is prohibited, if the permissible percentage of
market orders per trading participant is violated.
The indexed coupon is calculated as the sum of the fixed coupon, determined
during the offering, and the TONIA Compounded rate for six months (TCR_6M),
which is determined in accordance with KASE's internal document "Methodology
for Calculating Money Market Indicators".
As the price an order must indicate the bonds' "clean" price (without taking
into account the accrued interest) in percentage of the security's face value
expressed with accuracy of up to the fourth decimal place.
Settlements for this placement will be carried out according to the T+0 scheme.
Trading participants must by the payment time indicated in the table provide
money available at the money account used for settlement on deals in securities
in accordance with the set of rules of the Central Securities Depository
(Almaty), in the amount sufficient to pay for acquired treasury bonds (based on
the assumption that all orders submitted by trading participants and accepted
by KASE are subject to execution).
At full or partial execution of orders submitted, the payment of the respective
amount must be carried out in accordance with the Rules of placement of
government treasury obligations of the Republic of Kazakhstan. The text of said
Rules is available at
http://kase.kz/files/normative_base/mekam_placement_eng.pdf
The Rules of issue, placement, circulation, service and maturity of government
treasury obligations of the Republic of Kazakhstan are available at
http://kase.kz/files/mix/newgko.pdf
The Methodology for calculating money market indicators is published at
https://kase.kz/files/normative_base/met_indicators_money_market_eng.pdf
The Regulations on methods of trading in the trading and clearing systems are
available at
https://kase.kz/files/normative_base/methods_ASTS_eng.pdf
Details of the mentioned bond issue are available at
https://kase.kz/en/gsecs/show/MTM048_0001/
[2022-09-23]