/KASE, November 28, 2019/ – A special trading session for offering bonds KZ2C00006328 (BASPb5, KZT1,000, KZT100.0 bn; November 15, 2019 – November 15, 2021, 30/360) of Baspana Mortgage Organization (Almaty) was held in Kazakhstan Stock Exchange (KASE) trading system today. Below are parameters of the bid and results of the special trading session.

BID PARAMETERS:

------------------------------------------------ -------------------------------
Number of participants:                                          5
Number of orders submitted (all / active ones),                  13 / 13
incl.:
– limit:                                                         13 / 13
– market:                                                        0
Volume of active orders*, mln tenge:                             22,442.5
– limit:                                                         22,442.5
– market:                                                        0
Bid to ask, %:                                                   116.5
"Clean" price on active orders submitted, % of the face value (all / active ones):

– minimum 95.9364 – maximum 96.0559 – weighted average 96.0378 Yield on active orders submitted, % APR (all / active ones): – minimum 10.8270 – maximum 10.9000 – weighted average 10.8381

--------------------------------------------------------------------------------
* 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 (STB) accounted for 54.2
%, broker-dealers accounted for – 4.3 %, other institutional investors accounted
for 40.9 %, other legal entities accounted for 0.6 %.

OFFERING RESULTS:

--------------------------------------------------------------------------------
Volume of orders executed, bonds:                                19,674,000
Volume of orders executed, tenge:                                18,957,544,338.0
Number of orders executed:                                       11
Number of participants, whose orders                             4
were executed, %:
Volume of orders executed, % of plan:                            98.4
Cut-off price, %                                                 96.0510
"Clean" price in orders executed, %:
– minimum                                                        96.0510
– maximum                                                        96.0559
– weighted average                                               95.0514
Yield at cut-off price, % APR:                                   10.8300
Yield of bonds to maturity for buyer, % APR
– minimum                                                        10.8270
– maximum                                                        10.8300
– weighted average                                               10.8298
--------------------------------------------------------------------------------

According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlement based on the trading results, were executed. At that, 45.7 %, in terms of the raised volume were purchased by STBs, 5.1 % by broker-dealers, 48.4 % by other institutional investors, 0.8 % by other legal entities.

OFFERING TERMS:

--------------------------------- ----------------------------------------------
Trade date:                       November 28, 2019
Current maturity:                 2 years  (707 days)
Announced offering volume, tenge: 20,000,000,000
Lot size, pieces:                 1
Trade subject:                    "clean" price
Purchase order types:             limit
Order submission method:          closed
Order collection period:          10:00–12:30
Order confirmation period:        10:00–13:00
Striking time:                    15:00 (Т+0)
Payment date and time:            November 28, 2019, 15:00
Order cut-off method:             orders are cut-off, whose
                                  prices are equal to or
                                  below the cut-off price
Order execution method:           at prices of offset orders equal to the cut-off
                                  price or those more favorable for the seller;
                                  pro rata to amounts of offset orders
Trade initiator:                  Subsidiary organization of Halyk Bank of
                                  Kazakhstan Halyk Finance (Almaty)
Trading system sector:            Debts_List_ST1
Trading system group:             Bonds_ST1_Alt
--------------------------------------------------------------------------------

[2019-11-28]