/KASE, July 10, 2020/ – A special trading session for the offering of 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:

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Number of participants:                                  3                         
Number of orders submitted (all / active ones),          7 / 4                     
incl.:                                                                             
– limit:                                                 7 / 4                     
– market:                                                0                         
Volume of active orders*, mln tenge:                     5,028.4                   
– limit:                                                 5,028.4                   
– market:                                                0                         
Bid to ask, %:                                           109.0                     
"Clean" price on active orders submitted, % of the face value (all / active ones): 
– minimum                                                90.0381 / 90.1041         
– maximum                                                90.1041                   
– weighted average                                       90.0924 / 90.1041         
Yield on active orders submitted, % APR (all / active ones):                       
– minimum                                                11.2800                   
– maximum                                                11.3000 / 11.2800         
– weighted average                                       11.2835 / 11.2800         
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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 accounted for 55.0 %,       
brokerage and dealing organizations – for 10.0 %,                                  
institutional investors – for 35.0 %. 
                                            
OFFERING RESULTS:                                                                  
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Volume of orders executed, bonds:                        5,000,000                 
Volume of orders executed, tenge:                        4,611,455,000.00          
Number of orders executed:                               4                         
Number of participants, whose orders                     3                         
were executed, %:                                                                  
Volume of orders executed, % of plan:                    100.0                     
"Clean" price in orders executed, %:                     90.1041                   
Yield of bonds to maturity for buyer, % APR:             11.2800                   
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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 fully executed. 55.0 % in terms of raised volume, were purchased by STB, 10.0 % – by brokerage and dealing organizations, 35.0 % – by other institutional investors.

OFFERING TERMS:

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Trade date:                       July 10, 2020                   
Current maturity:                 4.8 years (1,710 days)          
Announced offering volume, tenge: 5,000,000,000                   
Lot size, pieces:                 1                               
Trade subject:                    "clean" price                   
Purchase order types:             limit                           
Market order execution rate, %:   70                              
Order submission method:          closed                          
Order collection period:          10:00–12:00                     
Order confirmation period:        10:00–12:30                     
Striking time:                    14:00 (Т+0)                     
Payment date:                     July 10, 14:00                  
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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[2020-07-10]