/KASE, May 23, 05/ - Kazakhstan stock exchange (KASE) notifies that on
May 25 of 2005 floatation of government mid-term treasury instruments
of the Ministry of finance of Kazakhstan (MEOKAM) will be held at KASE
on the terms given below (Almaty time).
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Type of security: MEOKAM-60
National identification number: KZK2KY050260
Ordinal number of the issue: 26
Trade code of KASE: MOM060_0026
Face value, KZT: 1,000.00
Payment date: May 25, 2005
Circulation start date: May 25, 2005
Last circulation day: May 24, 2010
Maturity date: May 25, 2010
Circulation term: 5 years (1,800 days)
Periodicity of coupon payment: 2 times a year
Schedule of coupon payments: 1 November 25, 2005
2 May 25, 2006
3 November 25, 2006
4 May 25, 2007
5 November 25, 2007
6 May 25, 2008
7 November 25, 2008
8 May 25, 2009
9 November 25, 2009
10 May 25, 2010
Time basis: 30/360
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Announced floatation volume, KZT m.: 16,000.0
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
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MEOKAM 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/
Coupon rate 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.
By 15:00 on trades holding day 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 CJSC (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).
MEOKAM 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.
[2005-05-23]