/KASE, September 25, 2020/ – A special trading session for offering bonds KZ2C00006955 (KFUSb3, KZT1,000, KZT30.0 bn; September 11, 2020 – September 11, 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),                     6 / 6                                                                                       
incl.:                                                              
– limit:                                                            6 / 6                                                                                       
– market:                                                           0                                                                                           
Volume of active orders*, mln tenge:                                20,971.0                                                                                    
– limit:                                                            20,971.0                                                                                    
– market:                                                           0                                                                                           
Bid to ask, %:                                                      145.0                                                                                       
"Clean" price on active orders submitted, 
% of the face value (all / active ones):                            90.0450                                                                                     
Yield on active orders submitted, % APR (all / active ones):        11.2200                                                                                     
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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.
                                                                                                                                                                                                                                              
Entire volume of active orders came from second-tier banks (STBs). 
In the total volume of active orders second-tier banks (STBs) accounted for 23.7%, 
the share of broker-dealers accounted for 42.9%, other institutional investors 
accounted for 33.4 %.

OFFERING RESULTS:

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Volume of orders executed, bonds:                               16,000,000                                                                                  
Volume of orders executed, tenge:                               14,460,088,888.9                                                                            
Number of orders executed:                                      5                                                                                           
Number of participants, whose orders                            3                                                                                           
were executed, %:                                                        
Volume of orders executed, % of plan:                           100.0                                                                                       
"Clean" price in orders executed, %:                            90.0450                                                                                     
Yield of bonds to maturity for buyer, % APR                     11.2200                                                                                     
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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.

At this, 34.4 % of the amounts raised were purchased by STBs, 51.8 % by broker- dealers, 13.8 % by institutional investors.

OFFERING TERMS:

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Trade date:                                                September 25, 2020                                                                          
Term to maturity:                                          5.0 years (1,786 days)                                                                      
Announced offering volume, tenge:                          16,000,000,000                                                                              
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:                                 10:30–12:30                                                                                 
Striking time:                                             15:00 (Т+0)                                                                                 
Payment date and time:                                     September 25, 15:00                                                                         
Order cut-off method:                                      orders are cut-off, 
                                                           whose prices are equal 
                                                           to or below the cut-off 
                                                           price                                                                     
Method of execution of limit offset orders:                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                                                                            
Limit order execution method 
depending on the  order of their submission:               in accordance with 
                                                           item 6 of Article 28 
                                                           of the Regulations on 
                                                           the Methods of Conducting                                                                       
                                                           Trades in TCS ASTS+                                                                         
Trade initiator:                                           Freedom Finance                                                                             
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[2020-09-25]