National company Food contract corporation raised RUB1.75 bn on KASE through subscription by placing five-year bonds RU000A102BF7 (PRKRe1) at 8.99 % per annum

/KASE, March 26, 2021/ – As announced earlier, an initial offering of international bonds RU000A102BF7 (PRKRe1; RUB1,000, RUB7.0 bn, 5 years; semi-annual coupon; actual/365) of National company Food contract corporation (Nur-Sultan) was conducted in the trading system of Kazakhstan Stock Exchange (KASE, or the Exchange) on March 19, 2021 by way of subscription to them. Subsidiary organization of Halyk Bank of Kazakhstan Halyk Finance (Kazakhstan) (Almaty) (hereinafter – the Seller) acted as the seller during the subscription to the said bonds. Bonds with a par value of 7,000,000,000 rubles (up to 7,000,000 bonds with a face value of 1,000 rubles) were offered. During the subscription, limit and market orders submitted to KASE's trading system by the closed method were accepted. The degree of execution of market orders is 30%. Subscription orders were accepted on March 19, 2021 from 14:00 to 18:00 o'clock, Almaty time (ALT). The date of providing the Seller with the register of orders accepted by the Exchange is March 19, 2021; the date the Seller submits the register of executed orders to the Exchange is March 19, 2021; settlement date – March 26, 2021. Settlements were made in tenge at the official exchange rate of the Russian ruble determined by the National Bank of the Republic of Kazakhstan as of March 19, 2021 – KZT5.69 per Russian ruble. The coupon rate, expressed as annual percentage with accuracy of up to two decimal places, was indicated as the price in the order, in the case of market orders – the "market yield", as the number of financial instruments – the number of bonds in pieces. No restrictions for buyers on the maximum number of bonds in submitted orders were set by the terms of the subscription. One member of KASE took part in the trades. In total, six limit orders were submitted to the trading system with a nominal volume of 5,250,000,000.00 rubles, of which two with a nominal volume of 1,750,000,000.00 rubles at the end of the collection of orders were recognized as active. The yield to maturity in the submitted active orders was 8.99 % per annum. The total bid at the subscription reached 1,750,000,000.00 rubles (equivalent – KZT9,957,500,000.00), which amounted to 25.0 % of the supply volume. As a result of the offering, two orders were satisfied for the amount of 1,750,000,000.00 rubles (equivalent to KZT9,957,500,000.0). The issuer placed 1,750,000 bonds with a yield to maturity of 8.99 %. According to the data of Central Securities Depository JSC (Almaty), deals based on the results of subscription to the specified bonds by the time of publication of this information have been calculated, the subscription has been completed. [2021-03-26]