/KASE, June 26, 2020/ – A special trading session for offering bonds KZ2C00006484 (BASPb8, KZT1,000, KZT100.0 bn; February 27, 2020 – February 27, 2023, 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:                                  4
Number of orders submitted (all / active ones),          6 / 5
incl.:
– limit:                                                 6 / 5
– market:                                                0
Volume of active orders*, mln tenge:                     10,645.9
– limit:                                                 10,645.9
– market:                                                0
Bid to ask, %:                                           220.4
"Clean" price on active orders submitted, % of the face value (all / active ones):
– minimum                                                93.3199 / 93.7827
– maximum                                                93.8460
– weighted average                                       93.7412 / 93.8177
Yield on active orders submitted, % APR (all / active ones):
– minimum                                                11.2500
– maximum                                                11.5000 / 11.2800
– weighted average                                       11.2997 / 11.2634
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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
90.8 %, other institutional investors – for 9.2 %.

OFFERING RESULTS:
-------------------------------------------------------- --------------------------
Volume of orders executed, bonds:                        6,000,000
Volume of orders executed, tenge:                        5,798,921,333.3
Number of orders executed:                               3
Number of participants, whose orders                     3
were executed, %:
Volume of orders executed, % of plan:                    120.0
"Clean" price at cut-off price, %:                       93.8038
"Clean" price in orders executed, %:
– minimum                                                93.8038
– maximum                                                93.8460
– weighted average                                       93.8390
Yield at cut-off price, % APR:                           11.2700
Yield of bonds to maturity for buyer, % APR:
– minimum                                                11.2500
– maximum                                                11.2700
– weighted average                                       11.2533
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According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlement based on the trading results, were executed. 97.1 % in terms of the raised volume, were purchased by second-tier banks, 2.9 % – by other institutional investors.

OFFERING TERMS:

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Trade date:                       June 26, 2020
Current maturity:                 2.7 years (961 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:          09:30–12:30
Order confirmation period:        09:30–13:00
Striking time:                    14:30 (Т+0)
Payment date:                     June 26, 2020, 14:30
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:                  BCC Invest – Subsidiary
                                  Organization of
                                  Bank CenterCredit
Trading system sector:            Debts_List_ST1
Trading system group:             Bonds_ST1_M
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[2020-06-26]