Ministry of Finance of Kazakhstan placed on KASE on March 24 13.4 million MEKKAM-12 issue 150 (KZK100000266, MKM012_0150) with a yield to maturity of 13.70% 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 short-term treasury obligations of the Ministry of Finance of the Republic of Kazakhstan (MEKKAM) 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: 306 days Announced volume of placement, million tenge: 25,000.0 The subject of the auction: "clean" price The degree of satisfaction of market applications, %: 70 Application method: closed Application acceptance time: 09:00–11:00 Application 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 by the time of Nursultan, the issuer planned to repay the specified bonds in the amount of KZT 25,000,0 million in KASE trading system within the framework of specialized auctions. Specialized auctions for additional placement were declared invalid, due to the fact that there were no active orders in KASE trading and clearing system at the end of the order acceptance period. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- DEMAND PARAMETERS DURING PLACEMENT: ------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------- Number of participants: 6 Number of applications submitted (total / active): 11 / 11 including: - limited: 11 / 11 - market: 0 / 0 Volume of active applications*, million tenge: 31,516.0 including: - limited: 31,516.0 - market: 0.0 Supply to demand: x1.4 times Price for submitted orders, % of nominal value (for all / active): - minimum 88.9593 - maximum 89.8187 - weighted average 89.4425 Yield on submitted orders, % per annum (for all / active): - minimum 13.7000 - maximum 15.0000 - weighted average 14.2660 -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- * active orders – orders that have not been canceled by trading participants at the time of the expiration of the order submission period, including those confirmed by the participants of the Confirmation System. In the total volume of active applications, the share of banks accounted for 94.8%, the share of other institutional investors - 3.8%, the share of other legal entities - 1.4 %. PLACEMENT RESULTS: -------------------------------------------------- --------------- Volume of satisfied orders, bonds: 13,360,300 Volume of satisfied orders, tenge: 1,200,004,777.6 Number of satisfied orders: 1 Number of participants whose orders are satisfied: 1 Volume of satisfied orders, % of the plan: 5.3 Volume of satisfied orders, % of demand: 3.8 "Clean" price in satisfied orders, % 89.8187 from the nominal value: 13.7000 ------------------------------------------------------------------ During the placement, the entire volume was purchased by institutional investors. Taking into account the earlier placement, the total volume of the MEKKAM-12 issue 150 (KZK100000266, MKM012_0150) amounted to 518,307,841 bonds for the amount of the nominal value of 518,307,841,000 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 at net prices. The rules of issue, placement, circulation, servicing and repayment of state treasury obligations of the Republic of Kazakhstan are published at the link http://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 http://kase.kz/files/normative_base/mekam_placement.pdf Detailed information on the issue of these bonds is published at the link http://kase.kz/en/gsecs/show/MKM012_0150/ [2022-03-24]