/KASE, February 9, 2024/ – A special trading session for the offering of bonds KZ2C00010726 (KASE main market, "bonds" category, KFUSb69; KZT1,000; KZT20.0 bn; 09.02.24 – 09.02.26; 30/360) of Kazakhstan Sustainability Fund JSC (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:                                9                      
Number of orders submitted (all / active ones),        40 / 27                
incl.:                                                                        
– limit:                                               40 / 27                
– market:                                              0 / 0                  
Volume of active orders*, mln tenge,                   36,005.4               
incl.:                                                                        
– limit:                                               36,005.4               
– market:                                              0.0                    
Bid to ask:                                            х1.8 times             
"Clean" price on orders submitted, % of                                       
face value (on all / active ones):                                            
– minimum                                              98.4245                
– maximum                                              100.8450               
– weighted average                                     99.6896 / 99.4512      
Yield on orders submitted, % APR (on all / active ones):                      
– minimum                                              12.0000                
– maximum                                              13.4500                
– weighted average                                     12.6846 / 12.8277      
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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, banks accounted for 87.0 %,             
other institutional investors – for 5.5 %, other legal entities – for 7.5 %.
 
OFFERING RESULTS:                                                             
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Volume of orders executed, bonds:                      15,000,000             
Volume of orders executed, KZT:                        15,011,509,260.6       
Number of orders executed:                             17                     
Number of participants, whose orders                   5                      
were executed:                                                                
Volume of orders executed, % of plan:                  75.0                   
"Clean" cut-off price, % of face value:                99.7486                
"Clean" price in executed orders, % of face value:                            
– minimum                                              99.7486                
– maximum                                              100.8450               
– weighted average                                     100.0767               
Yield at cut-off price, % APR:                         12.6500                
Yield of bonds to maturity for buyer, % APR:                                  
– minimum                                              12.0000                
– maximum                                              12.6500                
– weighted average                                     12.4542                
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According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlements based on the results of the trades were executed in full.

In terms of the main categories of investors, during the placement, 80.0 % of the total volume was purchased by banks, 2.0 % – by other institutional investors, 18.0 % – by other legal entities.

OFFERING TERMS:

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Trade date:                            09.02.24                    
Announced offering volume, tenge:      20,000,000,000              
Lot size, pieces:                      1                           
Trade subject:                         "clean" price               
Purchase order type:                   limit                       
Order submission method:               closed                      
Order collection time:                 10:00–12:00                 
Order confirmation time:               10:00–12:00                 
Cut-off time:                          14:30 (Т+0)                 
Payment date and time:                 09.02.24, 14:30             
Order cut-off method:                  orders are cut-off, whose   
                                       prices are equal to or      
                                       below the cut-off price     
Limit order execution method           at prices of limit offset   
depending on the prices of orders:     orders equal to the cut-off 
                                       price or those more         
                                       favorable for the seller    
Limit order execution method depending by the time of acceptance   
on the order of their submission:      of offset orders            
Trade initiator:                       First Heartland Jusan Invest
                                       JSC                         
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[2024-02-09]