/KASE, July 24, 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 / 6           
incl.:                                                                        
– limit:                                                      6 / 6           
– market:                                                     0               
Volume of active orders*, mln tenge:                          13,230.2        
– limit:                                                      13,230.2        
– market:                                                     0               
Bid to ask, %:                                                270.4           
"Clean" price on active orders submitted, %                                   
of the face value (all / active ones):                                        
– minimum                                                     93.4761         
– maximum                                                     94.5074         
– weighted average                                            94.3785         
Yield on active orders submitted, % APR (all / active ones):                  
– minimum                                                     11.0000         
– maximum                                                     11.5000         
– weighted average                                            11.0620         
------------------------------------------------------------------------------
* 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 92.4 %, other legal entities accounted for 7.6 %. 
                       
OFFERING RESULTS:                                                             
------------------------------------------------------------- ----------------
Volume of orders executed, bonds:                             3,000,000       
Volume of orders executed, tenge:                             2,939,347,000.00
Number of orders executed:                                    1               
Number of participants, whose orders                          1               
were executed, %:                                                             
Volume of orders executed, % of plan:                         60.0            
"Clean" price in orders executed, %:                          94.5074         
Yield of bonds to maturity for buyer, % APR                   11.0000         
------------------------------------------------------------------------------

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. Whole volume raised was purchased by second-tier banks (STBs).

OFFERING TERMS:

--------------------------------- --------------------------------
Trade date:                       July 24, 2020                   
Term to maturity:                 2.6 years (933 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 and time:            July 24, 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 favourable for the   
                                  seller; pro rata to amounts     
                                  of offset orders                
Trade initiator:                  BCC Invest – subsidiary of      
                                  Bank CenterCredit (Almaty)      
Trading system sector:            Debts_List_ST1                  
Trading system group:             Bonds_ST1_M                     
------------------------------------------------------------------

[2020-07-24]