Kazakhstan's Ministry of Finance raised KZT101.2 bn on KASE on July 9 by selling second issue of MEUKAM-216 (KZKD00001079) with YTM of 8.71 % APR
/KASE, July 9, 2019/ – A repeated special trading session for the offering 
government long-term treasury bonds of the Ministry of Finance of the Republic of 
Kazakhstan (MEUKAM) was held in Kazakhstan Stock Exchange (KASE) trading system 
today. Below are parameters of the bid and results of the special trading session.

BID PARAMETERS:                                                                 
-------------------------------------------------------- -----------------------
Number of participants:                                  3                      
Number of orders submitted (all / active):               5 / 5                  
– limit:                                                 5 / 5                  
– market:                                                0                      
Volume of active orders*, mln tenge:                     101,230.5              
– limit:                                                 101,230.5              
– market:                                                0                      
Bid to ask, %:                                           103.0                  
"Clean" price on orders submitted, % of                                         
face value (on all / on active ones):                                           
– minimum                                                99.8239                
– maximum                                                100.3565               
– weighted average                                       99.8396                
Yield on orders submitted, % APR                                                
(on all / on active ones):                                                      
– minimum                                                8.6500                 
– maximum                                                8.7100                 
– weighted average                                       8.7082                 
* active orders – orders not annulled by trade participants at expiry of order  
submission period including those confirmed by Confirmation System participants.
Whole volume of active orders came from institutional investors.

OFFERING RESULTS:                                                     
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Volume of orders executed, bonds:                   97,886,470        
Volume of orders executed, tenge:                   101,215,164,669.98
Number of orders executed:                          5                 
Number of participants, whose orders were executed: 3                 
Volume of orders executed, % of plan:               103.0             
"Clean" price in orders executed, % of face value:  99.8239           
Yield of bonds to maturity for buyer, % APR:        8.7100            

According to Central Securities Depository (Almaty), deals on offering of the 
second issue of MEUKAM-216 (KZKD00001079) by the end of settlement of trade results 
were fully executed.

OFFERING TERMS:                                              
----------------------------------- -------------------------
Trade date:                         July 9, 2019             
Current maturity:                   17.6 years (6,332 days)  
Declared placement volume, mln KZT: 95,000.0                 
Trade subject:                      "clean" price            
Market order acceptance ratio, %:   70                       
Order submission method:            closed                   
Order collection time:              09:00–11:00              
Order confirmation time:            09:00–11:30              
Striking time:                      before 15:00 (Т+0)       
Payment date and time:              July 9, 2019, 15:00 (Т+0)
xecution method:             at cut-off price         
Limit order execution way:          pro rata to amounts      
                                    of offset orders         
Trading system sector:              MEKAM_ST1                
Trading system group:               MEUKAM_216               

Taking into account the earlier offering, the total amount of the second issue
of MEUKAM-216 (KZKD00001079) made up 172,070,470 bonds with the total face value 
of KZT172,070,470,000.00.

MEUKAM sold by the Ministry of Finance are automatically admitted to circulation 
on KASE secondary market under the trading code indicated in the table. At the 
same time bonds must be quoted in clean prices in KASE trading system.

The text of the Rules of issue, placement, circulation, service and maturity of 
government treasury bonds of the Republic of Kazakhstan is available on KASE 
website at http://kase.kz/files/mix/newgko.pdf

The Rules of placement of government treasury bonds of the Republic of Kazakhstan 
are available at