/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:                                                 4 / 4               
– market:                                                1 / 1               
Volume of active orders*, mln tenge:                     1,533.9             
including:                                                                   
– limit:                                                 1,433.9             
– market:                                                100.0               
Bid to ask:                                              2.3 %               
"Clean" price on orders submitted, % of face value (on all / on active ones):
– minimum                                                82.6231             
– maximum                                                83.7818             
– weighted average                                       83.3457             
Yield on orders submitted, % APR (on all / on active ones):                  
– minimum                                                14.3000             
– maximum                                                14.6000             
– weighted average                                       14.4121             
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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 12.3 %, other institutional investors – for 87.7 %.

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:                     7.4 years (2,666 days)                       
Declared offering volume, KZT mln:    75,000.0                                     
Trade subject:                        "clean" price                                
Market order execution rate, %:       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                                     
Limit offset orders execution method: pro rata to amounts                          
                                      of offset orders                             
Limit orders execution method:        at prices of limit offset orders equal to the
                                      cut-off price or those                       
                                      more favorable for                           
                                      the seller                                   
Market orders execution method:       at weighted average price                    
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[2025-02-28]