/KASE, April 22, 2025/ – A repeated special trading session for the offering of government long-term treasury bonds of the Ministry of Finance of the Republic of Kazakhstan (MEUKAM) was held in the trading system of Kazakhstan Stock Exchange (KASE) today. Below are the parameters of bid and the results of the special trading session.

-----------------------------------------------------------
BID PARAMETERS:                                            
---------------------------------------------- ------------
Number of participants:                        2           
Number of orders submitted (all / active):     3 / 3       
including:                                                 
– limit:                                       3 / 3       
– market:                                      0 / 0       
Volume of active orders*, mln tenge:           25,542.6    
including:                                                 
– limit:                                       25,542.6    
– market:                                      0.0         
Bid to ask:                                    113.5 %     
"Clean" price on orders submitted, % of face value         
(on all / on active ones):                                 
– minimum                                      67.3993     
– maximum                                      68.9234     
– weighted average                             68.7781     
Yield on orders submitted, % APR (on all / on active ones):
– minimum                                      14.1300     
– maximum                                      14.5000     
– weighted average                             14.1646     
-----------------------------------------------------------
* 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 11.7 %, other institutional investors – for 88.3 %.

OFFERING RESULTS:

--------------------------------------------------- ----------------
Volume of orders executed, bonds:                   30,000,000      
Volume of orders executed, tenge:                   22,542,620,000.0
Number of orders executed:                          1               
Number of participants, whose orders were executed: 1               
Volume of executed orders, % of plan:               100.0           
Volume of executed orders, % of the bid:            88.1            
"Clean" price in orders executed, % of face value:  68.9234         
Yield of bonds to maturity for buyer, % APR:        14.1300         
--------------------------------------------------------------------

Taking into account the previous offering, the total volume of MEUKAM KZKD00000972 (MUM216_0001) amounted to 318,540,419 bonds with a nominal value of 318,540,419,000 tenge.

Settlements for this placement will be carried out according to the T+2 scheme. MEKAM sold at today's auction will be admitted to circulation on KASE's secondary market under the trade code specified in the table on the next business day after the day of fulfillment of obligations under deals. The bonds must be quoted in KASE's trading system in clean prices.

-----------------------------------------------------------------------
OFFERING TERMS:                                                        
------------------------------------------- ---------------------------
Trade date:                                 22.04.25                   
Current maturity:                           11.3 years (4,058 days)    
Declared offering volume, mln tenge:        30,000.0                   
Trade subject:                              "clean" price              
Market order execution rate, %:             from 0 to 100 depending    
                                            on market demand           
Order submission method:                    closed                     
Order collection time:                      09:00–12:00                
Order confirmation time:                    09:00–12:00                
Cut-off date and time:                      22.04.25, 15:00            
Payment date:                               24.04.25                   
Method of execution of limit offset orders: pro rata to amounts of     
                                            offset orders              
Method of execution of limit orders:        at prices of limit offset  
                                            orders equal to the cut-off
                                            price or those more        
                                            favorable for the seller   
Method of execution of market orders:       at weighted average price  
-----------------------------------------------------------------------

The Rules of issue, placement, circulation, service and maturity of government treasury obligations of the Republic of Kazakhstan are available at see more

The Rules of placement of government treasury bonds of the Republic of Kazakhstan are available at see more

Details of the mentioned bond issue are available at see more

[2025-04-22]