/KASE, June 24, 2025/ – Today, the repeated special trading session was held in the Kazakhstan Stock Exchange's (KASE) trading system for placement of government long-term treasury bonds of the Ministry of Finance of the Republic of Kazakhstan (MEUKAM). Below are the demand parameters and special trading session results.

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DEMAND PARAMETERS:                                                           
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Number of participants:                              9                       
Number of orders submitted (total / active),         38 / 29                 
including:                                                                   
– limit:                                             38 / 29                 
– market:                                            0 / 0                   
Volume of active orders*, mln tenge,                 61,307.7                
including:                                                                   
– limit:                                             61,307.7                
– market:                                            0.0                     
Demand vs. offering:                                 x3.6                    
Clean price in submitted orders, % of par (for all / active):                
– minimum                                            84.3011                 
– maximum                                            85.3390                 
– weighted average                                   85.0641 / 85.0876       
Yield on submitted orders, % per annum (for all / active):                   
– minimum                                            16.7500                 
– maximum                                            17.5000                 
– weighted average                                   16.9472 / 16.9303       
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* active orders – orders that have not been cancelled by the trading         
  participants at the time of the order submission period expiration, including
  those confirmed by participants of the Confirmation System.                  

Of the total volume of active orders, the banks accounted for 89.5%, other institutional investors accounted for 0.1%, and other legal entities accounted for 10.4%.

PLACEMENT RESULTS:

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Volume of executed orders, bonds:                  52,084,186      
Volume of executed orders, tenge:                  44,433,263,940.3
Number of executed orders:                         11              
Number of participants which orders were executed: 6               
Volume of executed orders, % of plan:              260.4           
Volume of executed orders, % of demand:            72.4            
Clean cut-off price, %:                            85.1298         
Clean price in executed orders, % of par:                          
– minimum                                          85.1298         
– maximum                                          85.3390         
– weighted average                                 85.1860         
Yield at cut-off price, % per annum:               16.9000         
Bond yield to maturity for the buyer, % per annum:                 
– minimum                                          16.7500         
– maximum                                          16.9000         
– weighted average                                 16.8597         
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In terms of the main categories of investors during placement, 91.0% of the total volume was purchased by banks and 9.0% by other legal entities.

Taking into account the previously conducted placement, the total volume of MEUKAM KZKD00000758 (MUM156_0005) amounted to 573,160,253 bonds with a face value of 573,160,253,000 tenge.

Settlement for this placement will be carried out according to the T+2 scheme. The MEKAMs sold at today's auction will be admitted to circulation on the KASE's secondary market under the trading code indicated in the table on the next working day after fulfillment of the transaction obligations. At that, the bonds must be quoted in the KASE's trading system in clean prices.

PLACEMENT CONDITIONS:

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Trading date:                         06.24.25                     
Term to maturity:                     2.0 years (716 days)         
Declared placement volume, mln tenge: 20,000.0                     
Trade subject:                        clean price                  
Market order execution rate, %*:      from 0 to 100 depending      
                                      on market demand             
Order submission method:              closed                       
Order acceptance time:                09:00-12:00                  
Order confirmation time:              09:00-12:00                  
Cut-off date and time:                06.24.25, 15:00              
Payment date:                         06.26.25                     
Limit counter orders                  proportional to amounts      
execution method:                     of counter orders            
Method of execution of limit          at prices of limit           
orders:                               counter orders equal to      
                                      the cut-off price or those   
                                      more favorable for the seller
Method of execution of market orders: at the weighted average price
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The rules for issue, placement, circulation, servicing and redemption of government treasury bonds of the Republic of Kazakhstan are published at see more

The rules for placement of government treasury bonds of the Republic of Kazakhstan are published at see more

Detailed information on the issue of these bonds is published at see more

[2025-06-24]