/KASE, January 30, 2025/ – Kazakhstan Stock Exchange (KASE) announces that a repeated special trading session for the offering of government long-term treasury bonds of the Ministry of Finance of the Republic of Kazakhstan (MEUKAM) was held in KASE's trading system on January 30, 2025 on the terms below (Astana time).

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BID PARAMETERS:
--------------------------------------------- -------------
Number of participants:                       6
Number of orders submitted (all / active):    15 / 15
including:
– limit:                                      15 / 15
– market:                                     0 / 0
Volume of active orders*, mln tenge:          34,348.2
including:
– limit:                                      34,348.2
– market:                                     0.0
Bid to ask:                                   х2.5 times
"Clean" price on orders submitted, % of face value
(on all / on active ones):
– minimum                                     88.3134
– maximum                                     90.7482
– weighted average                            89.9115
Yield on orders submitted, % APR (on all / on active ones):
– minimum                                     13.7500
– maximum                                     14.7000
– weighted average                            14.0720
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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 94.4 %, other institutional investors – for 5.6 %.

OFFERING RESULTS:

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Volume of orders executed, bonds:                   31,269,386
Volume of orders executed, tenge:                   29,037,183,732.4
Number of orders executed:                          11
Number of participants, whose orders were executed: 5
Volume of executed orders, % of plan:               208.5
Volume of executed orders, % of the bid:            84.3
"Clean" price in orders executed, % of face value:
– minimum                                           90.0986
– maximum                                           90.7482
– weighted average                                  90.1566
Yield of bonds to maturity for buyer, % APR:
– minimum                                           13.7500
– maximum                                           14.0000
– weighted average                                  13.9775
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In terms of the main categories of investors during the offering, 95.9 % of the total volume was purchased by banks, 4.1 % – by other institutional investors.

Taking into account the previous offering, the total volume of MEUKAM KZKD00001095 (MUM096_0011) amounted to 276,474,835 bonds with a nominal value of 276,474,835,000 tenge.

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.

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OFFERING TERMS:
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Trade date:                                 30.01.25
Current maturity:                           3.7 years (1,347 days)
Declared offering volume, mln KZT:          15,000.0
Trade subject:                              "clean" price
Market order execution ratio, %:            from 0 to 100 depending
                                            on market demand
Order submission method:                    closed
Order collection time:                      09:00–12:00
Order confirmation time:                    09:00–12:00
Cut-off date and time:                      30.01.25, 15:00
Payment date:                               30.01.25
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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The Rules of issue, placement, circulation, service and maturity of government treasury obligations 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

Details of the mentioned bond issue are available at see more

[2025-01-30]