/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]