/KASE, May 25, 2022/ – Kazakhstan Stock Exchange (KASE) announces that two special trading sessions (for the offering and additional offering) of government long-term treasury bonds of the Ministry of Finance of the Republic of Kazakhstan (MEUKAM) were held in KASE's trading system on May 25, 2022 on the terms below (Nur-Sultan time).

OFFERING TERMS

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Trade date:                           May 25, 2022                                   
Current maturity:                     0.9 years (331 days)                           
Declared offering volume, mln tenge:  35,000.0                                       
Trade subject:                        "clean" price                                  
Market order execution ratio, %*:     70                                             
Order submission method:              closed                                         
Order receipt time:                   09:00–11:00                                    
Order confirmation time:              09:00–11:00                                    
Cut-off date and time:                May 25, 2022, 15:00                            
Payment date:                         May 27, 2022                                   
Limit offset orders execution method: in accordance with                             
                                      item 6 of Article 28 of the Regulations  
                                      on the Methods of Conducting                          
                                      Trades in TCSs                                 
Limit orders execution method:        at prices of limit offset                      
                                      orders equal to the                            
                                      cut-off price or those more                    
                                      favorable for the seller                       
Market orders execution method:       at weighted average price                      
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From 15:30 to 16:00 o'clock, Nur-Sultan time, the issuer planned to additionally place the indicated bonds for the amount of KZT10,000.0 mln in KASE's trading system during a special trading session. The special trading session on additional placement was declared invalid due to the fact that at the end of the order collection period there were no active orders in KASE's trading and clearing system.

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BID PARAMETERS AT OFFERING:                                 
------------------------------------------ -----------------
Number of participants:                    8                
Number of orders submitted (all / active): 12 / 11          
including:                                                  
– limit:                                   12 / 11          
– market:                                  0 / 0            
Volume of active orders*, mln tenge:       25,343.5         
including:                                                  
– limit:                                   25,343.5         
– market:                                  0.0              
Bid to ask:                                77.9 %           
"Clean" price on orders submitted, % of face value          
(on all / on active ones):                                  
– minimum                                  92.2175          
– maximum                                  92.9601 / 92.5873
– weighted average                         92.5470 / 92.5425
Yield on orders submitted, % APR (on all / active ones):    
– minimum                                  14.0000          
– maximum                                  15.0000          
– weighted average                         14.5542 / 14.5604
-------------------------------------------- -----------------
* active orders – orders not annulled by trade participants 
at expiry of order submission period including those        
confirmed by Confirmation System participants.              

In the total volume of active orders, banks accounted for 62.4 %, other institutional investors – for 16.5 %, and other legal entities – for 21.1 %.

OFFERING RESULTS:

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Volume of orders executed, bonds:                   22,951,387      
Volume of orders executed, tenge:                   21,354,817,116.0
Number of orders executed:                          8               
Number of participants, whose orders were executed: 7               
Volume of executed orders, % of plan:               65.6            
Volume of executed orders, % of the bid:            84.2            
"Clean" price in orders executed, % of face value:  92.5873         
Yield of bonds to maturity for buyer, % APR:        14.5000         
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In terms of the main categories of investors during the offering, 56.6 % were bought out by banks, 19.6 % - by other institutional investors, 23.7% - by other legal entities.

Taking into account the previous offering, the total volume of MEUKAM-144 of the third issue (KZKD00000378, MUM144_0003) amounted to 231,646,419 bonds for the amount of face value of KZT231,646,419,000.

Settlements for this offering will be carried out according to the T+2 scheme. MEKAM sold at today's auction will be admitted to circulation on KASE's secondary market under the trade code specified in the table on the next business day after the day of fulfillment of obligations under deals. The bonds must be quoted in KASE's trading system in clean prices.

The Rules of issue, placement, circulation, service and maturity of government treasury bonds of the Republic of Kazakhstan are available at see more

The Rules of placement of government treasury bonds of the Republic of Kazakhstan are available at see more

Detailed information on the issue of these bonds is available at see more

[2022-05-25]