/KASE, April 28, 05/ - Kazakhstan stock exchange (KASE) notifies that on
April 29 of 2005 floatation of government long-term savings treasury
instruments of the Ministry of finance of Kazakhstan (MEUJKAM) will be
held at KASE on the terms given below (Almaty time).
------------------------------------------------------------
Type of security: MEUJKAM-180
National identification number: KZKAKY150019
Trade code of KASE: MUJ180_0001
Face value, KZT: 1,000.00
Payment date: April 29, 2005
Circulation start date: April 29, 2005
Last circulation day: April 28, 2020
Maturity date: April 29, 2020
Circulation term: 15 years (5,400 days)
Periodicity of coupon payment: 1 time a year*
Schedule of coupon payments: 1 May 5, 2006
2 May 7, 2007
3 May 7, 2008
4 May 7, 2009
5 May 7, 2010
6 May 6, 2011
7 May 7, 2012
8 May 7, 2013
9 May 7, 2014
10 May 7, 2015
11 May 6, 2016
12 May 5, 2017
13 May 7, 2018
14 May 7, 2019
15 May 7, 2020
Time basis: 30/360
------------------------------------- ---------------------
Announced floatation volume, KZT m.: 14,000.0
Stake of market bids satisfaction, %: 10
Applications submitting method: closed
Applications acceptance time: 09:00 - 11:00
Applications confirmation period: 09:00 - 11:30 (Т+0)
Cutting off: until 15:00 (Т+0)
Payment time: until 15:00 (Т+0)
Bids satisfying method: at cut-off price
------------------------------------------------------------
*on the fifth working day of the month in every 12 full calendar months of
circulation
MEUJKAM will be floated by specialized trades method, the order of which is
regulated by KASE's internal documents.
Applications for participation in the specialized trades can be submitted only
by KASE members of "К" category (right to participate in trades in
government securities circulating on the exchange), which are revised by the
rules mentioned below as primary dealers. Investors can submit
applications through these legal entities. Full list of KASE members of "K"
category is available on the exchange's web-site at
http://www.kase.kz/kasemembers/
Fixed coupon in percentage per annum from bond's face value expressed
with the accuracy of two decimal figures is to be shown as the price in bid.
Precisely this parameter is the subject of trade.
Primary dealers must provide presence of money on the account, which is
used for settlements on deals in securities by the time mentioned in the table
in compliance with the rules of Central securities depository JSC (Almaty), in
the amount enough for paying for treasury instruments purchased by him
(basing on assumption that all bids submitted by primary dealers and
accepted by KASE are subjected to satisfying).
MEUJKAM are issued in compliance with Rules of issue, floatation,
servicing and maturity of government treasury instruments of
Kazakhstan (Rules of issue,
http://www.kase.kz/mix/newgko.pdf) approved
by the resolution of Kazakhstan Government dated September 8 of 2004
#941, and are floated by Rules of floatation of government treasury
instruments of Kazakhstan
(
http://www.kase.kz/geninfo/normbase/mekam_placement.pdf) approved by
the decision of KASE's Council on December 29 of 2004.
According to the Rules of issue, indexation of money invested into
MEUJKAM is made by calculating the indexed coupon received by adding
the fixed coupon, which is determined during floatation, to inflation rate for
the past coupon period.
KASE reminds that MEUJKAM are floated only among Kazakhstan
accumulative pension funds.
[2005-04-28]