Agrarian Credit Corporation on December 21 raises KZT15.5 bn on KASE by placing bonds KZ2C00007177 (AGKKb15) with weighted average yield of 10.75% APR

/KASE, December 21, 2020/ – A special trading session for offering of bonds KZ2C00007177 (AGKKb15, KZT1,000, KZT20.0 bn; December 21, 2020 – December 21, 2020, 30/360) of Agrarian Credit Corporation (Nur-Sultan) 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), 3/ 3 incl.: – limit: 3/ 3 – market: 0 Volume of active orders*, mln tenge: 15,500.0 – limit: 15,500.0 – market: 0 Bid to ask, %: 103.3 "Clean" price on active orders submitted, % of the face value (all / active ones): – minimum 90.1051 – maximum 100.9112 – weighted average 100.0000 Yield on active orders submitted, % APR (all / active ones): – minimum 9.7500 – maximum 11.7500 – weighted average 10.7500 ------------------------------------------------------------------------------ * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. The entire volume of active orders originated from institutional investors. OFFERING RESULTS: ------------------------------------------------------ ----------------------- Volume of orders executed, bonds: 15,500,001 Volume of orders executed, tenge: 15,500,000,345.9 Number of orders executed: 3 Number of participants, whose orders 3 were executed: Volume of orders executed, % of plan: 103.3 "Clean" cut-off price, % of the face value: 99.1051 "Clean" price in orders executed, %: – minimum 99.1051 – maximum 100.9112 – weighted average 100.0000 Yield at cut-off price, % APR: 11.7500 Yield of bonds to maturity for buyer, % APR – minimum 9.7500 – maximum 11.7500 – weighted average 10.7500 ------------------------------------------------------------------------------ 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. OFFERING TERMS: ------------------------------------------- -------------------------------- Trade date: December 21, 2020 Declared offering volume, tenge: 15,000,500,000 Lot size, pieces: 1 Trade subject: "clean" price Purchase order types: limit Order submission method: closed Order acceptance period: 09:30–11:30 Order confirmation period: 09:30–11:30 Cut-off time: 12:30 (Т+0) Payment date and time: December 21, 2020, 12:30 Orders cut-off method: orders are cut-off, whose prices are equal to or below the cut-off price Limit order execution method at prices of limit offset orders depending on the prices of orders: equal to the cut-off price or those more favorable for the seller Limit order execution method in accordance with depending on the order of their submission: item 6 of Article 28 of the Regulations on the Methods of Conducting Trades in TCS ASTS+ Trade initiator: Tengri Partners Investment Banking (Kazakhstan) ---------------------------------------------------------------------------- [2020-12-21]