/KASE, November 3, 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 KASE's trading system today. Below are parameters of the bid 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 ones):         47 / 13
including:
– limit:                                                46 / 12
– market:                                               1 / 1
Volume of active orders*, mln KZT:                      56,491.3
including:
– limit:                                                56,191.3
– market:                                               300.0
Bid to ask:                                             150.8 %
"Clean" price on orders submitted, % of face value (on all / on active ones):
– minimum                                               84.3134
– maximum                                               85.7305 / 85.2570
– weighted average                                      85.1961 / 85.1498
Yield on orders submitted, % APR (on all / on active ones):
– minimum                                               13.70 / 13.80
– maximum                                               14.00
– weighted average                                      13.81 / 13.82
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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:                       40,319,976
Volume of orders executed, KZT:                         37,802,786,218.3
Number of orders executed:                              7
Number of participants, whose orders were executed:     4
Volume of executed orders, % of plan:                   100.8
Volume of executed orders, % of the bid:                66.8
"Clean" price in orders executed, % of face value:
– minimum                                               85.2542
– maximum                                               85.2570
– weighted average                                      85.2546
Yield of bonds to maturity for buyer, % APR:            13.80
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Taking into account the previously conducted placement, the total volume of MEUKAM KZKD00001194 (MUM180_0016) amounted to 584,843,802 bonds with a par value of KZT 584,843,802,000.

Settlements for this offering will be carried out on November 5, 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:                                 03.11.26
Current maturity:                           10.2 years (3,685 days)
Declared offering volume, mln KZT:          40,000.0
Trade subject:                              "clean" price
Market order execution rate, %:             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:                      03.11.26, 15:00
Payment date:                               05.11.26
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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The Rules of Transactions are available at see more

The Rules of Trading are available at see more

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

[2026-11-03]