/KASE, September 8, 2026/ – 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 bid parameters and results of the special trading session.

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BID PARAMETERS:
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Number of participants:                                5
Number of orders submitted (all / active):             26 / 13
including:
– limit:                                               25 / 12
– market:                                              1 / 1
Volume of active orders*, mln KZT:                     106,428.0
including:
– limit:                                               105,428.0
– market:                                              1,000.0
Bid to ask:                                            169.2 %
"Clean" price on orders submitted, % of face value (on all / on active ones):
– minimum                                              99.8063 / 100.3677
– maximum                                              105.4620 / 100.6504
– weighted average                                     100.9454 / 100.6276
Yield on orders submitted, % APR (on all / active ones):
– minimum                                              13.1300 / 13.9500
– maximum                                              14.1000 / 14.0000
– weighted average                                     13.8977 / 13.9540
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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:                      92,297,468
Volume of orders executed, KZT:                        96,801,789,033.3
Number of orders executed:                             10
Number of participants, whose orders were executed:    5
Volume of executed orders, % of plan:                  153.8
Volume of executed orders, % of the bid:               90.9
"Clean" price in orders executed, % of face value:
– minimum                                              100.6502
– maximum                                              100.6504
– weighted average                                     100.6502
Yield of bonds to maturity for buyer, % APR:
– minimum                                              13.9500
– maximum                                              13.9500
– weighted average                                     13.9500
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Taking into account the previously conducted placement, the total volume of MEUKAM KZKD00001293 (MUM156_0008) amounted to 605,299,216 bonds with a total par value of KZT 605,299,216,000.

Settlements for this offering will be carried out on September 10, 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.

OFFERING TERMS

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Trade date:                           08.09.26
Current maturity:                     11.7 years (4,214 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:                08.09.26, 15:00
Payment date:                         10.09.26
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 for concluding transactions are published at see more

Trading Rules are published at see more

Detailed information on this bond issue is available at see more

[2026-09-08]