/KASE, December 6, 2023/ – A repeated special trading session for the offering of government mid-term treasury bonds of the Ministry of Finance of the Republic of Kazakhstan (MEOKAM) was held in the trading system of Kazakhstan Stock Exchange (KASE) today. Below are the bid parameters and results of the special trading session.

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BID PARAMETERS:                                               
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Number of participants:                    6                  
Number of orders submitted (all / active): 17 / 15            
including:                                                    
– limit:                                   10 / 9             
– market:                                  7 / 6              
Volume of active orders*, mln tenge:       32,669.5           
including:                                                    
– limit:                                   25,764.5           
– market:                                  6,905.0            
Bid to ask:                                х6.4 times         
"Clean" price on orders submitted, % of face value            
(on all / on active ones):                                    
– minimum                                  98.1477            
– maximum                                  100.8785           
– weighted average                         100.0958 / 100.0777
Yield on orders submitted, % APR                              
(on all / active ones):                                       
– minimum                                  13.7500            
– maximum                                  16.0000            
– weighted average                         14.3892 / 14.4004  
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* 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 96.5 %, brokers and dealers – for 3.1 %, other institutional investors – for 0.5 %.

OFFERING RESULTS:

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Volume of orders executed, bonds:                   5,000,000      
Volume of orders executed, tenge:                   5,124,480,555.6
Number of orders executed:                          8              
Number of participants, whose orders were executed: 4              
Volume of executed orders, % of plan:               100.0          
Volume of executed orders, % of the bid:            15.6           
"Clean" price in orders executed, % of face value:  100.8785       
Yield of bonds to maturity for buyer, % APR:        13.7500        
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In terms of the main categories of investors during the offering, 82.4 % of the total volume was purchased by banks, 15.3 % – by brokers and dealers, 2.3 % – by other legal entities.

Taking into account the earlier offering, the total volume of MEOKAM-24 of issue 88 (KZK200000752, MOM024_0088) amounted to 76,305,143 bonds for the amount of the face value of KZT76,305,143,000.

Settlements for this offering will be carried out according to the T+2 scheme. MEOKAM 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.

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OFFERING TERMS:                                                        
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Trade date:                                 06.12.23                   
Current maturity:                           1.4 years (502 days)       
Declared offering volume, mln KZT:          5,000.0                    
Lot size, pcs.:                             1                          
Trade subject:                              "clean" price              
Market order execution rate, %:             70                         
Order submission method:                    closed                     
Order collection period:                    09:00–12:00                
Order confirmation time:                    09:00–12:00                
Cut-off date and time:                      06.12.23, 15:00            
Payment date:                               08.12.23                   
Method of execution of limit offset orders: pro rata to amounts        
                                            of offset orders           
Method of execution of limit orders:        at prices of limit offset  
                                            orders equal to the cut-off
                                            price or those more        
                                            favorable for the seller   
Method of execution of market orders:       at weighted average price  
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[2023-12-06]