/KASE, June 27, 05/ - Kazakhstan Stock Exchange (KASE) informs that from
June 29 of 2005 floatation of government short-term treasury obligations of
the Finance ministry of the Republic of Kazakhstan (MEKKAM) will be held
under following terms (discount bonds, Almaty times).
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Securities type: MEKKAM-12
National identification number: KZK1KM120844
Number of the issue: 84
KASE trade code: MKM012_0084
Face value, KZT: 100.00
Payment date: June 29, 2005
Circulation start date: June 29, 2005
Last circulation date: June 28, 2006
Maturity: June 29, 2006
Period of circulation: 1 year (365 days)
Time basis: actual/actual
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Announced volume of borrowing, KZT mn: 18,000.0
Share of market bids satisfaction, %: 10
Method of bids submission: closed
Time allowed for bids submission: 09:00 - 11:00 a.m.
Time for bids confirmation: 09:00 - 11:30 a.m. (Т+0)
Cut-off time: till 3:00 p.m. (Т+0)
Payment time: till 3:00 p.m. (Т+0)
Method of limited bids satisfaction: at submitted price
Method of market bids satisfaction: at weighted average price
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MEKKAM will be placed by the method of specialized trades the order of which is
stipulated in internal documents of KASE.
Bids for taking part in specialized trades may only be submitted by KASE
members of "K" category (right to take part in trades in government securities,
circulating at KASE), which are regarded by rules mentioned below as prime
dealers. Investors may submit their bids through these legal entities. Full
list of KASE members of "K" category is published on the web-site of the
Exchange at
http://www.kase.kz/kasemembers/
Price per security in percentage per annum of 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 at 15.00 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).
MEKKAM are being issued in compliance with Rules of the issue, floatation,
servicing and maturity of government treasury obligations of the Republic
of Kazakhstan (Rules of issue,
http://www.kase.kz/mix/newgko.pdf), approved by
the resolution of the Government of Kazakhstan dated September 8, 2004 #941
and are floated according to Rules of floatation of treasury obligations of the
Republic of Kazakhstan
(
http://www.kase.kz/geninfo/normbase/mekam_placement.pdf), approved by the
Exchange Council of KASE dated December 29, 2004.
[2005-06-27]