Special trading session for offering of MEKKAM KZK100000365 (MKM012_0159) with settlement on October 24 and maturity of 365 days will be held on KASE on October 22
/KASE, October 18, 2024/ – Kazakhstan Stock Exchange (KASE) announces that a special trading session for the offering of government short-term treasury bonds of Kazakhstan's Ministry of Finance (MEKKAM) will be held on October 22, 2024 in KASE's trading system on the terms below (Astana time).
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Security type: MEKKAM-12
ISIN: KZK100000365
Issue order number: 0159 / 012
KASE trade code: MKM012_0159
Face value, tenge: 100.00
Volume of bonds in circulation, pieces: –
Circulation start date: settlement date based on
the results of the first successful trading
session
Last circulation day: will be determined later
Maturity date: will be determined later
Circulation term: 365 days
Time base: actual / actual
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Trade date: 22.10.24
Declared offering volume, mln tenge: 400,000.0
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: 22.10.24, 15:00
Payment date: 24.10.24
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 face value, denominated with accuracy within the fourth decimal. This is the trade subject.
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 see more
The Rules of issue, placement, circulation, service and maturity of government treasury obligations of the Republic of Kazakhstan are available at see more
The Regulations on methods of trading in the trading and clearing systems are available at see more
[2024-10-18]