/KASE, May 15, 2020/ – A special trading session for offering bonds KZ2C00006484 (BASPb8, KZT1,000, KZT100.0 bn; February 27, 2020 – February 27, 2023, 30/360) of Kazakhstan Sustainability Fund (Almaty) was held in the trading system of Kazakhstan Stock Exchange (KASE) today. Below are parameters of the bid and results of the special trading session.

BID PARAMETERS:

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Number of participants:                                             4                                                       
Number of orders submitted (all / active ones),                     7 / 7                                                   
incl.:                                                              
– limit:                                                            7 / 7                                                   
– market:                                                           0                                                       
Volume of active orders*, mln tenge:                                9,163.3                                                 
– limit:                                                            9,163.3                                                 
– market:                                                           0                                                       
Bid to ask, %:                                                      192.6                                                   
"Clean" price on active orders submitted, 
% of the face value (all / active ones):                                                                                                    
– minimum                                                           93.2772                                                 
– maximum                                                           93.3210                                                 
– weighted average                                                  93.3072                                                 
Yield on active orders submitted, % APR (all / active ones):        
– minimum                                                           11.3998                                                 
– maximum                                                           11.4200                                                 
– weighted average                                                  11.4062                                                 
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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. 
                                                                                                                                                                        
In the total volume of active orders second-tier banks (STBs) accounted for 83.0
%, other institutional investors accounted for 13.7 % and other legal entities 
accounted for 3.3 %. 

OFFERING RESULTS:

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Volume of orders executed, bonds:                          6,630,500                                               
Volume of orders executed, tenge:                          6,309,749,721.8                                         
Number of orders executed:                                 5                                                       
Number of participants, whose orders                       4                                                       
were executed, %:                                          
Volume of orders executed, % of plan:                      132.6                                                   
"Clean" price at cut-off price, %:                         93.3207                                                 
"Clean" price in orders executed, %:                       
– minimum                                                  93.3207                                                 
– maximum                                                  93.3210                                                 
– weighted average                                         93.3208                                                 
Yield at cut-off price, % APR:                             
Yield of bonds to maturity for buyer, % APR                11.4000                                                 
– minimum                                                  11.3998                                                 
– maximum                                                  11.4000                                                 
– weighted average                                         11.3999                                                 
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According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlement based on the trading results, were fully executed. 83.0 % in terms of the raised volume, were purchased by second-tier banks, 12.3 % – by other institutional investors, 4.8% – by other legal entities.

OFFERING TERMS:

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Trade date:                       May 15, 2020                                                                               
Term to maturity:                 2.8 years (1,002 days)                                                                     
Announced offering volume, tenge: 5,000,000,000                                                                              
Lot size, pieces:                 1                                                                                          
Trade subject:                    "clean" price                                                                              
Purchase order types:             limit                                                                                      
Order submission method:          closed                                                                                     
Order collection period:          09:30–12:30                                                                                
Order confirmation period:        09:30–13:00                                                                                
Striking time:                    14:30 (Т+0)                                                                                
Payment date and time:            May 15, 2020, 14:30                                                                        
Order cut-off method:             orders are cut-off, whose                                                                  
                                  prices are equal to or                                                                     
                                  below the cut-off price                                                                    
Order execution method:           at prices of limit offset orders equal to the 
                                  cut-off price or those more favorable for the
                                  seller; pro rata to amounts of offset orders                                                                           
Trade initiator:                  BCC Invest – subsidiary of                                                                 
                                  Bank CenterCredit (Almaty)                                                                 
Trading system sector:            Debts_List_ST1                                                                             
Trading system group:             Bonds_ST1_M                                                                                
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[2020-05-15]