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05.06.2020 19:41 #Trading information

Kazakhstan Sustainability Fund raised KZT4.6 bn on KASE by placing bonds KZ2C00006476 (BASPb7) with weighted average yield of 11.3450 % APR on June 5

/KASE, June 5, 2020/ – A special trading session for offering bonds KZ2C00006476 (BASPb7, KZT1,000, KZT50.0 bn; April 10, 2020 – April 10, 2025, 30/360) of Kazakhstan Sustainability Fund (Almaty) was held in the trading system of Kazakhstan Stock Exchange (KASE) today. Below are parameters of the bid and results of the special trading session.

BID PARAMETERS:

--------------------------------------------------------------------------------
Number of participants:                                     3                              
Number of orders submitted (all / active ones),             5 / 5                          
incl.:                                                      
– limit:                                                    5 / 5                          
– market:                                                   0                              
Volume of active orders*, mln tenge:                        5,003.6                        
– limit:                                                    5,003.6                        
– market:                                                   0                              
Bid to ask, %:                                              109.9                          
"Clean" price on active orders submitted, 
% of the face value (all / active ones):                                                  
– minimum                                                   89.7433                        
– maximum                                                   89.9102                        
– weighted average                                          89.7584                        
Yield on active orders submitted, % APR (all / active ones):                                                                        
– minimum                                                   11.3000                        
– maximum                                                   11.3500                        
– weighted average                                          11.3455                        
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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.
                                                                                                                      
In the total volume of active orders second-tier banks (STBs) accounted for 45.5 
%, institutional investors accounted for 54.5  %. 

OFFERING RESULTS:

--------------------------------------------------------------------------------
Volume of orders executed, bonds:                            5.000.000                      
Volume of orders executed, tenge:                            4,552,924,210.6                
Number of orders executed:                                   5                              
Number of participants, whose orders                         3                              
were executed, %:                                            
Volume of orders executed, % of plan:                        100.0                          
"Clean" price at cut-off price, %:                           
"Clean" price in orders executed, %:                         89.7433                        
– minimum                                                    89.7433                        
– maximum                                                    89.9102                        
– weighted average                                           89.7599                        
Yield at cut-off price, % APR:                               11.3500                        
Yield of bonds to maturity for buyer, % APR                  
– minimum                                                    11.3000                        
– maximum                                                    11.3500                        
– weighted average                                           11.3450                        
--------------------------------------------------------------------------------

According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlement based on the trading results, were fully executed. 50.0 % in terms of the raised volume, were purchased by second-tier banks, 50.0 % – by other institutional investors.

OFFERING TERMS:

--------------------------------- ----------------------------------------------
Trade date:                       June 5, 2020                                                                               
Term to maturity:                 4.8 years (1,745 days)                                                                     
Announced offering volume, tenge: 5,000,000,000                                                                              
Lot size, pieces:                 1                                                                                          
Trade subject:                    "clean" price                                                                              
Purchase order types:             limit                                                                                      
Order submission method:          closed                                                                                     
Order collection period:          10:30–12:30                                                                                
Order confirmation period:        10:30–13:00                                                                                
Striking time:                    15:00 (Т+0)                                                                                
Payment date and time:            June 5, 2020, 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 limit 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_M                                                                                
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[2020-06-06]