Special trading session for offering on February 28 on KASE of MEUKAM KZKD00001095 (MUM096_0011) of Ministry of Finance of Republic of Kazakhstan declared failed

/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. ----------------------------------------------------------------------------- BID PARAMETERS: -------------------------------------------------------- -------------------- 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 ----------------------------------------------------------------------------- * 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. ----------------------------------------------------------------------- OFFERING TERMS: ------------------------------------------- --------------------------- 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 ----------------------------------------------------------------------- [2025-02-28]