Ministry of Finance of Kazakhstan placed 25.6 million MEOKAM-048 of issue 52 (KZK200000687, MOM048_0052) on KASE on March 24 with a weighted average yield to maturity of 12.59% per annum

/KASE, March 24, 2022/ – Kazakhstan Stock Exchange (KASE) informs that on March 24, 2022, two sessions of specialized trades (on placement and additional placement) of state medium-term treasury obligations of the Ministry of Finance of the Republic of Kazakhstan (MEOKAM) were held in the KASE trading system on the following conditions (time of Nur-Sultan). Terms of placement: ----------------------------------------------- ------------------------------------------------------------------------------------------------------------------ Trading date: March 24,2022 Term to maturity: 3.8 years (1,377 days) Announced volume of placement, million tenge: 25,000.0 The subject of the trading: "clean" price The degree of satisfaction of market orders, %: 70 Order submission method: closed Order acceptance time: 09:00–11:00 Order confirmation time: 09:00–11:00 Cut-off time: March 24, 2022, 15:00 Date and time of payment: March 28,2022 Methods to satisfy limited counter orders: in accordance with item 6 Articles 28 of the Regulations on the methods of Trading in trading and Clearing systems Method of satisfaction of limited orders: at the prices of limited counter-orders equal to the cut-off price or being more profitable for the seller Method of satisfying market orders: at a weighted average price ------------------------------------------------------------------------------------------------------------------------------------- From 15:30 to 16:00, Nursultan time, specialized auctions were held in KASE trading system for the placement of these bonds on the following conditions. Terms of additional placement: ------------------------------------------------------------ ------------------------------------------------------------------------ Trading date: March 24, 2022 Term to maturity: 3.8 years (1,377 days) The announced volume of additional placement, million tenge: 25,000.0 The subject of the trading: "clean" price The degree of satisfaction of market orders, %: 0 Order method: closed Order acceptance time: 15:30–16:00 Order confirmation time: 15:30–16:00 Cut-off time: before 17:00 (Т+0) Date and time of payment: March 28, 2022 Method of satisfaction of limited at the prices of limited counter orders: equal to the cut-off price or being more profitable for the seller ------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------- DEMAND PARAMETERS DURING PLACEMENT: ----------------------------------------------------------------------------------------------------------------- ------------------- Number of participants: 5 Number of applications submitted (total / active), 10/9 including: - limited: 9/8 - market: 1/1 Volume of active applications*, million tenge, 4,079.1 including: - limited: 4,035.3 - market: 43.8 Demand to supply: 17.3 % "Clean" price for submitted orders, % of nominal value (for all / active): - minimum 90.3688 - maximum 95.9867 - weighted average 92.2457 Yield on submitted orders, % per annum (for all / active): - minimum 12.0000 - maximum 14.0000 - weighted average 13.3094 --------------------------------------------------------------------- * active orders –orders not cancelled by participants trading at the time of the expiration of the order period, including confirmed by the participants of the Confirmation System. In the total volume of active orders, the share of banks accounted for 45.3%, the share of broker-dealer organizations - 6.1%, the share of other institutional investors - 35.3%, the share of other legal entities - 13.3%. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- DEMAND PARAMETERS DURING PLACEMENT: -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------- Number of participants: 1 Number of orders submitted (total / active): 2 / 2 Volume of active orders*, million tenge: 22,624.5 Demand to supply: 94.0 % ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- * active orders – orders not cancelled by participants trading at the time of the expiration of the order period, including confirmed by the participants of the Confirmation System. The entire volume of active orders fell to the share of institutional investors. PLACEMENT RESULTS: -------------------------------------------------- ---------------- Volume of satisfied orders, bonds: 25,558,689 Volume of satisfied orders, tenge: 24,606,502,119.9 Number of satisfied orders: 9 Number of participants whose orders are satisfied: 3 Volume of satisfied orders, % of the plan: 102.2 Volume of satisfied orders, % of demand: 91.8 "Clean" price in satisfied orders, % of nominal value: - minimum 93.7730 - maximum 95.9867 - weighted average 94.2887 Yield of bonds to maturity for the buyer, % per annum: - minimum 12.0000 - maximum 12.7700 - weighted average 12.5898 ------------------------------------------------------------------- In the context of the main categories of investors, 97.8% of the placement was accounted for by institutional investors, 2.2% - by other legal entities. Taking into account the earlier placement, the total volume of the MEKAM-048 issue 52 (KZK200000687, MOM048_0052) amounted to 63,934,806 bonds for the amount of the nominal value of 63,934,806,000 tenge. Calculations for this placement will be carried out according to the T+2 scheme. The MEKAM sold at today's auction will be admitted to circulation on the secondary market of KASE under the trading code indicated in the table on the next business day after the day of fulfillment of obligations under the transactions. At the same time, the bonds must be quoted in the KASE trading system in net price. The rules of issue, placement, circulation, servicing and repayment of state treasury obligations of the Republic of Kazakhstan are published at the link https://kase.kz/files/mix/newgko.pdf The rules for the placement of state treasury obligations of the Republic of Kazakhstan are published at the link https://kase.kz/files/normative_base/mekam_placement.pdf Detailed information on the issue of these bonds is published at the link https://kase.kz/en/gsecs/show/MOM048_0052/ [2022-03-24]