/KASE, January 13, 2026/ – A repeated special trading session for the offering of government TONIA-indexed treasury bonds of Kazakhstan's Ministry of Finance (METIKAM) was held in the trading system of Kazakhstan Stock Exchange (KASE) today. Below are the bid parameters and results of the special trading session.

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BID PARAMETERS:                                            
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Number of participants:                        7           
Number of orders submitted (all / active):     19 / 19     
including:                                                 
– limit:                                       16 / 16     
– market:                                      3 / 3       
Volume of active orders*, mln tenge:           71,842.5    
including:                                                 
– limit:                                       68,814.9    
– market:                                      3,027.7     
Bid to ask:                                    116.6 %     
"Clean" price on orders submitted, % of face value         
(on all / on active ones):                                 
– minimum                                      98.8394     
– maximum                                      104.3710    
– weighted average                             99.7997     
Yield on orders submitted, % APR (on all / on active ones):
– minimum                                      16.2500     
– maximum                                      18.7700     
– weighted average                             18.3182     
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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 91.3 %, other institutional investors – for 7.2 %, other legal entities – for 1.4 %, and individuals – for 0.1 %.

The Ministry of Finance of the Republic of Kazakhstan declared this special trading session failed due to the unsatisfactory price fixed for the submitted orders.

OFFERING TERMS:

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Trade date:                                 13.01.26                   
Current maturity:                           2.9 years (1,025 days)     
Declared offering volume, mln KZT:          60,000.0                   
Trade subject:                              "clean" price              
Market order execution ratio, %:            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:                      13.01.26, 15:00            
Payment date:                               15.01.26                   
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 limit offset orders: pro rata to amounts        
                                            of offset orders           
Method of execution of market orders:       at weighted average price  
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[2026-01-13]