/KASE, November 28, 2016/ – A special trading session to sell government long-term treasury obligations of Kazakhstan's Ministry of Finance issue five of MEUKAM-108 (KZKDKY090055, MUM108_0005, KZT1,000, KZT38.6 bn, October 19, 2010 – October 19, 2019, annual coupon 5.60% per annum, 30/360, 1,041 DTM) by the National Bank of the Republic of Kazakhstan was held in KASE trading system today. The bid parameters and special trading session results are as follows:

BID PARAMETERS:

------------------------------------------------ -----------------
Number of participants:                          4                
                                                                  
Number of orders submitted (total / active):     9 / 4            
                                                                  
Volume of active orders*, mln tenge:             4,478.1          
                                                                  
Bid to ask, %:                                   500.0            
                                                                  
"Net" price on orders submitted, % (all / active):                
– minimum                                        87.7684 / 88.2704
– maximum                                        89.3777 / 89.3777
– weighted average                               88.6056 / 88.9563
                                                                  
Yield on orders submitted, % APR (all / active):                  
– minimum                                        9.9990 / 9.9990  
– maximum                                        10.7300 / 10.5000
– weighted average                               10.3469 / 10.1883
------------------------------------------------ -----------------
* active orders – orders not annulled by trade                    
  participants at expiry of order submission period               
  including those, confirmed by Confirmation System participants.                                                                   
                                                                  
AUCTION RESULTS:                                                  
------------------------------------------------ -----------------
Volume of orders executed, bonds:                1,000,000        
Volume of orders executed, tenge:                899,843,666.7    
Number of orders executed:                       1                
Volume of orders executed, % of plan:            100              
Cut-off price, % of the face value:              89.3777          
"Net" price on orders executed, % of face value: 89.3777          
Yield to maturity for buyer, % p.a.:             9.9990           
------------------------------------------------------------------

The entire volume of active orders is attributed to second-tier banks.

According to the Central Securities Depository (Almaty), the deal on this auction by the end of settlements by trade results was executed.

SELLING TERMS:

---------------------------------------------------------------------
Term to maturity:                         2.9 years (1,041 days)     
Declared volume at face value, mln tenge: 1,000.0                    
Trade subject:                            "net" price                
Purchase order types:                     limited                    
Order submission method:                  open                       
Order acceptance period:                  09:00–11:00                
Order confirmation period:                09:00–11:30                
Striking time:                            15:00                      
Payment date and time:                    November 28, 2016          
                                          before 15:00 (Т+0)         
Order execution method:                   at prices of limited offset
                                          orders equal to the cut-off
                                          price or being the most    
                                          favorable for the seller   
Trades initiator:                         State Institution "National
                                          Bank of Republic of        
                                          Kazakhstan" (Almaty)       
Trading system sector:                    MEKAM_ST3                  
Trading system group:                     MEUKAM_108                 
---------------------------------------------------------------------

[2016-11-28]