/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:                                                              
-------------------------------------------------------- --------------------
Number of participants:                                  1                   
Number of orders submitted (all / active):               3 / 3               
including:                                                                   
– limit:                                                 3 / 3               
– market:                                                0 / 0               
Volume of active orders*, mln tenge:                     1,043.6             
including:                                                                   
– limit:                                                 1,043.6             
– market:                                                0.0                 
Bid to ask:                                              2.7 %               
"Clean" price on orders submitted, % of face value (on all / on active ones):
– minimum                                                68.7392             
– maximum                                                69.5918             
– weighted average                                       69.1649             
Yield on orders submitted, % APR (on all / on active ones):                  
– minimum                                                14.1000             
– maximum                                                14.3000             
– weighted average                                       14.1996             
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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.                               

The total volume of active orders came from institutional investors.

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:                           11.9 years (4,301 days)    
Declared offering volume, mln tenge:        55,000.0                   
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                   
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]