/KASE, June 27, 2025/ – Today, the Kazakhstan Stock Exchange's (KASE) trading system hosted a special trading session for placement of bonds KZ2D00012861 (KASE's main market, bonds category, BIGDb5; 1,000 tenge, 20.0 bln tenge; 05.29.25 – 05.29.27; semi-annual coupon, 19.50% per annum; 30/360) of BI Development Ltd. (Astana). Below are the demand parameters and special trading session results.

DEMAND PARAMETERS:

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Number of participants:                                3               
Number of orders submitted (total / active),           5 / 4           
including:                                                             
– limit:                                               5 / 4           
– market:                                              0 / 0           
Volume of active orders*, mln tenge:                   3,051.7         
including:                                                             
– limit:                                               3,051.7         
– market:                                              0.0             
Demand vs. offering:                                   150.4%          
Clean price in submitted orders, % of par              99.9411         
(for all / active):                                                    
Yield on submitted orders, % per annum                 19.5000         
(for all / active):                                                    
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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 33.2%, other institutional investors accounted for 66.5%, and individuals accounted for 0.3%.

PLACEMENT RESULTS:

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Volume of executed orders, bonds:                  2,000,000    
Volume of executed orders, tenge:                  2,029,155,333
Number of executed orders:                         3            
Number of participants which orders were executed: 2            
Volume of executed orders, % of plan:              100.0        
Clean price in executed orders, % of               99.9411      
par:                                                            
Bond yield to maturity for the buyer,              19.5000      
% per annum:                                                    
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In terms of the main categories of investors during placement, 50.0% of the total volume was purchased by banks and 50.0% by other institutional investors.

According to data from Central Securities Depository JSC (Almaty), transactions for this placement were completed and executed in full by the end of settlements based on the trading results.

PLACEMENT CONDITIONS:

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Trading date:                        06.27.25                               
Term to maturity:                    1.9 years (692 days)                   
Declared placement volume, tenge:    2,000,000,000                          
Lot size, pcs.:                      1                                      
Trade subject:                       clean price                            
Type of purchase orders:             limit                                  
Order submission method:             closed                                 
Order acceptance time:               10:00–11:30                            
Order confirmation time:             10:00–11:30                            
Cut-off time:                        12:30 (T+0)                            
Payment date and time:               06.27.25, 12:30                        
Order cut-off method:                orders with prices equal to or         
                                     below the cut-off price are cut off    
Method of executing the limit orders at prices of limit                     
depending on prices of orders:       counter orders equal to                
                                     the cut-off price or those             
                                     more favorable for the seller          
Method of executing the limit orders by time of acceptance of counter orders
depending on the order of their                                             
submission:                                                                 
Trading initiator:                   Centras Securities JSC                 
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[2025-06-27]