/KASE, 24.11.23/ – Today, the trading system of Kazakhstan Stock Exchange (KASE) held specialized trading for placement of bonds KZ2C00009454 (KASE main platform, category “bonds”, KFUSb53; 1,000 KZT, 40.0 billion KZT; 09.29.23 – 09.29.25, 30/360) of Kazakhstan Sustainability Fund JSC (Almaty). Below are parameters of the bid and results of the special trading session.

BID PARAMETERS:

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Number of participants:                                          7
Number of orders submitted (total/active),                       17 / 11
including:
– limited:                                                       17 / 11
– market:                                                        0 / 0
Volume of active requests *, million KZT:                        30,889.2
including:
– limited:                                                       30,889.2
– market:                                                        0.0
Bid to ask:                                                      х3.1 times
"Clean" price on orders submitted, % of face
 value (on all / active ones):

– minimum 97.2300 – maximum 97.5167 – average weighted 97.3941 / 97.3895 Yield on orders submitted, % APR (on all / active ones): – minimum 14.0500 – maximum 14.2400 – average weighted 14.1311 / 14.1341

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*  active orders – orders not annulled by trade participants at expiry of order
   submission period including those confirmed by participants of
   the Confirmation System.

In the total volume of active orders, banks account for 64.3%, broker and dealer organizations for 1.6%, other institutional investors for 34.1%.

OFFERING RESULTS:

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Volume of orders executed, bonds:                   10,000,000
Volume of orders executed, KZT:                     9,939,617,222.2
Number of orders executed:                          2
Number of participants, whose orders were executed: 2
Volume of orders executed, % of plan:               100.0
"Clean" cut-off price, % of face value:             97.4562
"Clean" price in executed orders, % of face value:
– minimum                                           97.4562
– maximum                                           97.5167
– average weighted                                  97.4865
Yield at cut-off price, % APR:                      14.0900
Yield of bonds to maturity for buyer, % APR:
– minimum                                           14.0500
– maximum                                           14.0900
– average weighted                                  14.0700
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According to data of Central Securities Depository JSC (Almaty), transactions for this offering by the time of completion of settlements based on the trading results were executed and satisfied in full.

In terms of the main categories of investors, during the offering, banks purchased 50.0% of the total volume, other institutional investors – 50.0%.

OFFERING TERMS:

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Trade date:                                          24.11.23
Current maturity:                                    1.8 year (665 days)
Announced offering volume, tenge:                    10,000,000,000
Lot size, pieces:                                    1
Trade subject:                                       "clean" price
Purchase order type:                                 limit
Order submission method:                             closed
Order collection time:                               10:00–12:00
Order confirmation time:                             10:00–12:00
Cut-off time:                                        14:30 (Т+0)
Payment date and time:                               24.11.23, 14:30
Order cut-off method:                                orders are cut-off, whose prices
                                                     are equal to or below the cut-off price
Limit order execution method depending
on the prices of orders:                             at prices of limit offset orders equal to
                                                     the cut-off price or those more
                                                     favorable for the seller
Limit order execution method dependin                by the time of acceptance of offset
                                                     orders
on the order of their submission:
Trade initiator:                                     Subsidiary of Halyk Bank of
                                                     Kazakhstan "Halyk Finance" JSC
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[2023-11-24]