11.02.2015, 15:14
Kazakhstan's Ministry of Finance on February 11 placed another 20.0 mln MEUKAM-240 of fourth issue (KZKDKY200043) on KASE at 8.07 % APR
OREANDA-NEWS. Kazakhstan Stock Exchange announces that a repeated special trading session for offering government long-term treasury bonds of Kazakhstan's Ministry of Finance (MEUKAM) was held in KASE trading system on February 11, 2015. Below are main parameters of the issue, terms and results of the offering (Almaty time).
ISSUE PARAMETERS:
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Security type: MEUKAM-240
National identification number: KZKDKY200043
Issue order number: 4 / 240
KASE trade code: MUM240_0004
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, pieces: 50,000,000
First circulation date: January 29, 2015
Last circulation date: January 28, 2035
Maturity date: January 29, 2035
Circulation term: 20 years (7,200 days)
Coupon rate: 8.07 % per annum
Coupon payment periodicity: once a year
Coupon payment date: January 29 annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Trade date: February 11, 2015
Term to maturity: 19.9 years (7,188 days)
Declared offering volume, pieces: 20,000,000
Trade subject: "net" price
Market order acceptance ratio, %: 70
Order submission method: closed
Order receipt time: 09:00–11:00
Order confirmation time: 09:00–11:30 (Т+0)
Striking time: before 15:00 (Т+0)
Payment date: February 11, 2015
Payment time before 15:00 (Т+0)
Order acceptance method: at cut-off price
Trading system sector: MEKAM_ST1
Trading system group: MEUKAM_240
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BID PARAMETERS:
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Number of participants: 1
Number of orders submitted (total / active): 1 / 1
including:
– limited: 1
– market: 0
Volume of active orders*, mln tenge: 20,051.8
including:
– limited: 20,051.8
– market: 0
Bid to ask, %: 100
"Net" price on orders submitted, %: 99.9900
Yield on orders submitted, % p.a.: 8.0700
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* active orders – orders not annulled by trade participants at
expiry of order submission period including those
confirmed by Confirmation System participants.
PLACEMENT RESULTS:
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Volume of accepted orders, bonds: 20,000,000
Volume of accepted orders, tenge: 20,051,800,000.00
Number of orders accepted: 1
Volume of accepted orders, % of plan: 100
"Net" price in orders accepted, %: 99.9900
Yield of bonds to maturity for buyer, % p.a.: 8.0700
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According to Central Securities Depository, all deals on placement of MEUKAM-240 of the fourth issue by the end of settlement on trade results were executed.
Talking into account the previous offering the entire volume of MEUKAM-240 of the fourth issue (KZKDKY200043) made up 70,000,000 bonds to the face value of KZT70,000,000,000.00.
MEUKAM sold by the Ministry of Finance are automatically admitted to circulation on the KASE secondary market under indicated in the Table trading code. At that bonds must be quoted in the KASE trading system in net prices.
ISSUE PARAMETERS:
---------------------------------------------------------------------
Security type: MEUKAM-240
National identification number: KZKDKY200043
Issue order number: 4 / 240
KASE trade code: MUM240_0004
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, pieces: 50,000,000
First circulation date: January 29, 2015
Last circulation date: January 28, 2035
Maturity date: January 29, 2035
Circulation term: 20 years (7,200 days)
Coupon rate: 8.07 % per annum
Coupon payment periodicity: once a year
Coupon payment date: January 29 annually
Time base: 30 / 360
--------------------------------------------- -----------------------
PLACEMENT TERMS:
--------------------------------------------- -----------------------
Trade date: February 11, 2015
Term to maturity: 19.9 years (7,188 days)
Declared offering volume, pieces: 20,000,000
Trade subject: "net" price
Market order acceptance ratio, %: 70
Order submission method: closed
Order receipt time: 09:00–11:00
Order confirmation time: 09:00–11:30 (Т+0)
Striking time: before 15:00 (Т+0)
Payment date: February 11, 2015
Payment time before 15:00 (Т+0)
Order acceptance method: at cut-off price
Trading system sector: MEKAM_ST1
Trading system group: MEUKAM_240
--------------------------------------------- -----------------------
BID PARAMETERS:
--------------------------------------------- -----------------------
Number of participants: 1
Number of orders submitted (total / active): 1 / 1
including:
– limited: 1
– market: 0
Volume of active orders*, mln tenge: 20,051.8
including:
– limited: 20,051.8
– market: 0
Bid to ask, %: 100
"Net" price on orders submitted, %: 99.9900
Yield on orders submitted, % p.a.: 8.0700
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* active orders – orders not annulled by trade participants at
expiry of order submission period including those
confirmed by Confirmation System participants.
PLACEMENT RESULTS:
--------------------------------------------- -----------------------
Volume of accepted orders, bonds: 20,000,000
Volume of accepted orders, tenge: 20,051,800,000.00
Number of orders accepted: 1
Volume of accepted orders, % of plan: 100
"Net" price in orders accepted, %: 99.9900
Yield of bonds to maturity for buyer, % p.a.: 8.0700
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According to Central Securities Depository, all deals on placement of MEUKAM-240 of the fourth issue by the end of settlement on trade results were executed.
Talking into account the previous offering the entire volume of MEUKAM-240 of the fourth issue (KZKDKY200043) made up 70,000,000 bonds to the face value of KZT70,000,000,000.00.
MEUKAM sold by the Ministry of Finance are automatically admitted to circulation on the KASE secondary market under indicated in the Table trading code. At that bonds must be quoted in the KASE trading system in net prices.
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