/KASE, April 3, 2025/ – A special trading session for the offering of bonds KZ2C00012037 (KASE main market, "commercial bonds" category, KFUSb77; KZT1,000, KZT25.0 bn; 03.04.25 – 03.04.26; annual coupon, 12.50 % APR; 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:                                  3                     
Number of orders submitted (all / active ones),          3 / 3                                                                                 
incl.:                                                                        
– limit:                                                 3 / 3                 
– market:                                                0 / 0                 
Volume of active orders*, mln tenge:                     8,217.7               
incl.:                                                                         
– limit:                                                 8,217.7               
– market:                                                0.0                   
Bid to ask:                                              84.8 %                
"Clean" price on orders submitted, % of face value (on all / active ones):     
– minimum                                                96.9076               
– maximum                                                96.9828               
– weighted average                                       96.9160               
Yield on orders submitted, % APR (on all / active ones):                       
– minimum                                                16.0000               
– maximum                                                16.0900               
– weighted average                                       16.0800               
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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.
                                                                 
Of the total volume of active orders, banks accounted for 88.4 %, broker-dealer
organizations – for 3.7 %, other institutional investors – for 7.9 %.
         
OFFERING RESULTS:                                                              
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Volume of orders executed, bonds:                        979,220               
Volume of orders executed, KZT:                          949,649,018.2         
Number of orders executed:                               3                     
Number of participants, whose orders                     2                     
were executed:                                                                 
Volume of orders executed, % of plan:                    9.8                   
"Clean" cut-off price, % of face value:                  96.9744               
"Clean" price in executed orders, % of face value:                             
– minimum                                                96.9744               
– maximum                                                96.9828               
– weighted average                                       96.9801               
Yield at cut-off price, % APR:                           16.0100               
Yield of bonds to maturity for buyer, % APR:                                   
– minimum                                                16.0000               
– maximum                                                16.0100               
– weighted average                                       16.0032               
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In terms of the main categories of investors, 31.6 % of the total volume was purchased by broker-dealer organizations, 68.4 % – by other institutional investors.

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.

OFFERING TERMS:

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Trade date:                            03.04.25                   
Announced offering volume, tenge:      10,000,000,000             
Lot size, pieces:                      1                          
Trade subject:                         "clean" price              
Purchase order type:                   limit                      
Order submission method:               closed                     
Order collection time:                 10:00–15:00                
Order confirmation time:               10:00–15:00                
Cut-off time:                          15:30 (Т+0)                
Payment date and time:                 03.04.25, 15:30            
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:                       Teniz Capital Investment   
                                       Banking JSC                
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[2025-04-03]