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12.09.2024 17:55 #Trading information

Kazakhstan Sustainability Fund JSC raised 9.8 billion tenge by placing KZ2C00010791 (KFUSb70) bonds on KASE on September 12 with a weighted average yield to redemtion of 13.45% per annum

/KASE, 12.09.24/ – Today, Kazakhstan Stock Exchange (KASE) trading system held specialized auctions for the placement of KZ2C00010791 (main site of KASE, "bonds" category, KFUSb70; 1,000 tenge, 20.0 billion tenge; 12.09.24 – 12.09.26; 30/360) bonds of Kazakhstan Sustainability Fund JSC (Almaty). The following are the demand parameters and the results of specialized auctions.

DEMAND PARAMETERS:

--------------------------------------------------- -----------------------
Number of participants:                             4                      
Number of orders submitted (total / active),        6 / 5                  
including:                                                                 
– limited:                                          6 / 5                  
– market:                                           0 / 0                  
Volume of active orders*, million tenge:            18,830.8               
including:                                                                 
– limited:                                          18,830.8               
– market:                                           0,0                    
Demand to supply:                                   191.6 %                
"Net" price for submitted orders, % of nominal                             
value (total / active):                                                   
– minimum                                           97.8538                
– maximum                                           98.4409                
– weighted average                                  98.2410 / 98.2814      
Yield on submitted orders, % per annum                                     
 (total / active):                                                         
– minimum                                           13.4400                
– maximum                                           13.8000                
– weighted average                                  13.5622 / 13.5374      
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* active orders – orders that have not been canceled by the participants   
  auctions at the time of the order period expiration,                     
  including those confirmed by the participants of the Confirmation system.

In the total volume of active orders, banks accounted for 89.5%, while other institutional investors accounted for 10.5%.

PLACEMENT RESULTS:

-------------------------------------------------- ---------------
Volume of satisfied orders, bonds:                 10,000,000     
Volume of satisfied orders, tenge:                 9,842,778,000.0
Number of satisfied orders:                        2              
Number of participants whose orders are satisfied: 2              
Volume of satisfied orders, % of plan:             100.0          
"Net" cutoff price, % of nominal value:            98.4245        
"Net" price in satisfied orders, % of nominal value:              
– minimum                                          98.4245        
– maximum                                          98.4409        
– weighted average                                 98.4278        
Yield at the cutoff price, % per annum:            13.4500        
Yield of bonds to redemption for the buyer, % per annum:          
– minimum                                          13.4400        
– maximum                                          13.4500        
– weighted average                                 13.4480        
------------------------------------------------------------------

According to the data of Central Securities Depository JSC (Almaty), transactions on this placement have been executed and satisfied in full by the end of settlements based on the results of trading.

In the context of the main categories of investors, 80.0% of the total volume was bought out by banks, 20.0% by other institutional investors.

PLACEMENT TERMS:

------------------------------------------------ ----------------------------------------
Auction date:                                    12.09.24                                
Announced offering volume, tenge:                10,000,000,000                          
Lot size, pcs:                                   1                                       
Subject of auction:                              “net” price                             
Type of purchase orders:                         limited                                 
Order submission method:                         closed                                  
Order collection time:                           10:00 a.m. – 12:00 p.m.                 
Order confirmation time:                         10:00 a.m. – 12:00 p.m.                 
Cutoff time:                                     2:30 p.m. (Т+0)                         
Payment date and time:                           12.09.24, 2:30 p.m.                     
Order cutoff method:                             orders whose prices are equal to or     
                                                 lower than the cutoff price are cut off
Method of satisfying limited orders depending 
on at the prices of limited counter orders 
the order prices:                                equal to the cutoff price or being more
                                                 profitable for the seller              
Method of satisfying limited orders depending on by the time of acceptance of counter    
 the order of their submission:                  order                                  
Initiator of the auction:                        First Heartland Jusan Invest JSC        
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[2024-09-12]