/KASE, February 28, 2025/ – A repeated special trading session for the offering of government long-term treasury bonds of Kazakhstan's Ministry of Finance (MEUKAM) was held in the trading system of Kazakhstan Stock Exchange (KASE) today.

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BID PARAMETERS:                                                              
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Number of participants:                                  2                   
Number of orders submitted (all / active):               5 / 5               
including:                                                                   
– limit:                                                 5 / 5               
– market:                                                0 / 0               
Volume of active orders*, mln tenge:                     6,003.5             
including:                                                                   
– limit:                                                 6,003.5             
– market:                                                0.0                 
Bid to ask:                                              26.0 %              
"Clean" price on orders submitted, % of face value (on all / on active ones):
– minimum                                                88.6490             
– maximum                                                89.4748             
– weighted average                                       88.8429             
Yield on orders submitted, % APR (on all / on active ones):                  
– minimum                                                14.3000             
– maximum                                                14.6300             
– weighted average                                       14.5520             
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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.                               

Of the total volume of active orders, banks accounted for 76.8 %, other institutional investors – for 23.2 %.

The Ministry of Finance of the Republic of Kazakhstan declared this special trading session failed due to the unsatisfactory price set for the submitted orders.

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OFFERING TERMS:                                                        
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Trade date:                                 28.02.25                   
Current maturity:                           3.7 years (1,317 days)     
Declared offering volume, mln KZT:          25,000.0                   
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:                      28.02.25, 15:00            
Payment date:                               28.02.25                   
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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[2025-02-28]