/KASE, April 16, 2024/ – As announced earlier, a repeated special trading
session for the offering of government long-term treasury bonds of Kazakhstan's
Ministry of Finance (MEUKAM) is held in the trading system of Kazakhstan Stock
Exchange (KASE) today on the following terms (Astana time).
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Security type: MEUKAM-300
ISIN: KZKD00000857
Issue order number: 0003 / 300
KASE trade code: MUM300_0003
Face value, tenge: 1,000.00
Volume of bonds in circulation, pcs: 292,653,449
First circulation date: 26.02.15
Last circulation date: 25.02.40
Maturity date: 26.02.40
Circulation term: 25 years (9,000 days)
Coupon rate: 8.37 % APR
Coupon payment periodicity: once a year
Coupon payment schedule: 1 26.02.21
2 28.02.22
3 27.02.23
4 26.02.24
5 26.02.25
6 26.02.26
7 26.02.27
8 28.02.28
9 26.02.29
10 26.02.30
11 26.02.31
12 26.02.32
13 28.02.33
14 27.02.34
15 26.02.35
16 26.02.36
17 26.02.37
18 26.02.38
19 28.02.39
20 26.02.40
Time base: 30 / 360
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Trade date: 16.04.24
Current maturity: 15.9 years (5,710 days)
Declared offering volume, mln KZT: 20,000.0
Trade subject: "clean" price
Market order execution rate, %*: from 0 to 100 depending
on market demand
Order submission method: closed
Order collection time: 09:00–12:00
Order confirmation time: 09:00–12:00
Cut-off date and time: 16.04.24, 15:00
Payment date: 18.04.24
Method of execution of limit offset orders: pro rata to amounts
of offset orders
Method of execution of limit orders: at prices of limit offset
orders equal to the cut-off
price or those more
favorable for the seller
Method of execution of market orders: 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.
As the price an order must indicate the "clean" (without taking into account the
accrued interest) price of the bond in percentage of the security's face value,
denominated with accuracy within the fourth decimal.
Settlements for this offering will be carried out according to the T+2 scheme.
Trading participants must by the payment date 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 the
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 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 said bond issuance are available on
http://kase.kz/en/gsecs/show/MUM300_0003/
[2024-04-16]