Kazakhstan Finance Ministry Placed 130 mn MEKKAM-12 of 110th Issue
OREANDA-NEWS. October 08, 2010. The Kazakhstan Stock Exchange (KASE) informed that KASE held special trades to place government short-term treasury bonds of the Kazakhstan Finance Ministry (MEKKAM) on the terms as below (discount bonds, Almaty time), reported the press-centre of KASE.
In the total number of active orders pension market entities constituted for - 19.2 %, STB - 63.2 %, STB clients - 17.3 %, brokerage and dealer companies clients - 0.2 %.
According to Central Securities Depository all deals on placement of MEKKAM-12 of 110th issue by the end of settlement on trade results were executed. 7.5 % of total offered bonds were purchased by pension market entities, 64.6 % - STB, 27.7 % - STB clients, 0.2 % - clients of brokerage and dealer companies.
MEKKAM sold by the Kazakhstan Finance Ministry shall automatically be admitted to circulation on the KASE secondary market under the trade code as in the table.
The text of the Rules on issue, placement, circulation, service and maturity of government treasury obligations of the Republic of Kazakhstan is available on the KASE website at http://www.kase.kz/files/mix/newgko.pdf
The text of the Rules on placement of government treasury obligations of the Republic of Kazakhstan is available on the KASE website at http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
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