September 25 special trading session for offering of MEUKAM-84 of issue 17 (KZKDKY070172) of Kazakhstan's Ministry of Finance declared failed

/KASE, September 25, 2017/ – A special trading session for offering of government long-term treasury bonds of Kazakhstan's Ministry of Finance (MEUKAM) was held in KASE trading system today on the terms below (Almaty time). BID PARAMETERS: ---------------------------------------------- ----------------------- Number of participants: 2 Number of orders submitted (total / active): 2 / 2 incl.: – limit 1 – market 1 Volume of active orders*, mln tenge: 5,729.6 incl.: – limit 5,305.2 – market 424.4 Bid to ask, %: 108.0 "Clean" price on orders submitted, %: 99.9019 Yield on orders submitted, % APR: 9.5000 ---------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those, confirmed by Confirmation System participants. In the total volume of active orders second-tier banks accounted for 92.6 %, other institutional investors – for 7.4 %. Kazakhstan's Ministry of Finance announced this special trading session failed due to the unfavorable price fixed on orders submitted. OFFERING TERMS: ---------------------------------------------- ----------------------- Trade date: September 25, 2017 Term to maturity: 6.3 years (2,285 days) Declared offering volume, mln tenge: 5,000 Trade subject: "clean" price Market order execution ratio, %: 70 Order submission method: closed Order receipt time: 09:00–11:00 Order confirmation time: 09:00–11:30 (Т+0) Striking time: before 15:00 (Т+0) Payment date and time: September 25, 2017 before 15:00 (Т+0) Execution method: at cut-off price Limit orders execution way: pro rata to amounts of offset orders Trading system sector: MEKAM_ST1 Trading system group: MEUKAM_084 ---------------------------------------------------------------------- [2017-09-25]