/KASE, June 9, 2026/ – A repeated special trading session for the offering of government long-term treasury obligations of the Ministry of Finance of the Republic of Kazakhstan indexed at TONIA Compounded Index (TONIA TCI) (METISKAM) was held in KASE's trading system today. Below are parameters of the bid and results of the special trading session.

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BID PARAMETERS AT OFFERING:                                                  
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Number of participants:                            5                         
Number of orders submitted (all / active):         37 / 28                   
including:                                                                   
– limit:                                           37 / 28                   
– market:                                          0 / 0                     
Volume of active orders*, mln tenge:               171,718.6                 
including:                                                                   
– limit:                                           171,718.6                 
– market:                                          0.0                       
Bid to ask:                                        х3.4 times                
"Clean" price on orders submitted, % of face value (on all / on active ones):
– minimum                                          99.6930                   
– maximum                                          103.9007 / 100.4998       
– weighted average                                 100.2148 / 100.1491       
Yield on orders submitted, % APR (on all / active ones):                     
– minimum                                          17.4600                   
– maximum                                          18.9900                   
– weighted average                                 18.7952 / 18.8201         
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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.                                            
                                                                    
OFFERING RESULTS:                                                   
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Volume of orders executed, bonds:                   62,500,000      
Volume of orders executed, tenge:                   63,792,891,061.6
Number of orders executed:                          11              
Number of participants, whose orders were executed: 3               
Volume of executed orders, % of plan:               125.0           
Volume of executed orders, % of the bid:            37.1            
"Clean" price in orders executed, % of face value:                  
– minimum                                           100.2299        
– maximum                                           100.4998        
– weighted average                                  100.3076        
Yield of bonds to maturity for buyer, % APR:                        
– minimum                                           18.6900         
– maximum                                           18.7900         
– weighted average                                  18.7612         
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Taking into account the previously conducted placement, the total volume of METISKAM KZKF00000020 (MTC048_0002) was 167,500,000 bonds with a par value of 167,500,000,000 tenge.

Settlements for this offering will be carried out on June 11, 2026 (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.

As a reminder, the Ministry of Finance of the Republic of Kazakhstan, together with the National Bank of the Republic of Kazakhstan, launched the institution of primary dealers in the government securities market on May 4, 2026. The following banks have been designated as primary dealers: Bank CenterCredit JSC, Eurasian Bank JSC, Kaspi Bank JSC, ForteBank JSC, and Halyk Bank JSC.

OFFERING TERMS

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Trade date:                           09.06.26                        
Current maturity:                     3.9 years (1,429 days)          
Declared offering volume, mln KZT:    50,000.0                        
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:                09.06.26, 15:00                 
Payment date:                         11.06.26                        
Limit orders execution method:        at prices of limit offset orders
                                      equal to the cut-off price or   
                                      more favorable to the seller    
Limit offset orders execution method: pro rata to amounts             
                                      of offset orders                
Market orders execution method:       at the weighted average price   
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The Rules of issue, placement, circulation, service and maturity of government treasury bonds 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

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

[2026-06-09]