/KASE, July 25, 2024/ – A special trading session for the offering of bonds KZ2C00010577 (KASE main market, "commercial bonds" category, KFUSb68; KZT1,000, KZT30.0 bn; 25.07.24 – 25.07.25; 30/360) of Kazakhstan Sustainability Fund JSC (Almaty) was held in the trading system of Kazakhstan Stock Exchange (KASE) today. Below are parameters of the bid and results of the special trading session.

BID PARAMETERS:

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Number of participants:                                3                      
Number of orders submitted (all / active ones),        8 / 6                  
                                                                              
incl.:                                                                        
– limit:                                               8 / 6                  
– market:                                              0 / 0                  
Volume of active orders*, mln tenge:                   7,440.2                
incl.:                                                                        
– limit:                                               7,440.2                
– market:                                              0.0                    
Bid to ask:                                            х3.1 times             
"Clean" price on orders submitted, % of face value                            
(on all / active ones):                                                       
– minimum                                              98.9881                
– maximum                                              99.0753                
– weighted average                                     98.9964 / 99.0006      
Yield on orders submitted, % APR (on all / active ones):                      
– minimum                                              13.5500                
– maximum                                              13.6500                
– weighted average                                     13.6413 / 13.6367      
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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.
                                                                
The total volume of active orders, banks accounted for 79.8 %,                
other institutional investors – for 20.2 %.
                                  
OFFERING RESULTS:                                                             
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Volume of orders executed, bonds:                      2,400,000              
Volume of orders executed, KZT:                        2,376,603,500.0        
Number of orders executed:                             3                      
Number of participants, whose orders                   2                      
were executed:                                                                
Volume of orders executed, % of plan:                  100.0                  
"Clean" cut-off price, % of face value:                98.9900                
"Clean" price in executed orders, % of face value:                            
– minimum                                              98.9900                
– maximum                                              99.0753                
– weighted average                                     99.0251                
Yield at cut-off price, % APR:                         13.6500                
Yield of bonds to maturity for buyer, % APR:                                  
– minimum                                              13.5500                
– maximum                                              13.6500                
– weighted average                                     13.6083                
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According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlements based on the results of the trades were executed in full.

During the offering, the entire volume was purchased by banks.

OFFERING TERMS:

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Trade date:                            25.07.24                   
Announced offering volume, tenge:      2,400,000,000              
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:                 25.07.24, 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           at prices of limit offset  
depending on the prices of orders:     orders equal to the cut-off
                                       price or those more        
                                       favorable for the seller   
Limit order execution method depending by the time of acceptance  
on the order of their submission:      of offset orders           
Trade initiator:                       First Heartland Jusan      
                                       Invest JSC                 
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[2024-07-25]