Development Bank of Kazakhstan raised $51.5 mln on KASE via subscription by additionally placing on June 26 international bonds XS3032932645 (BRKZe18) at yield to maturity of 5.56 %

03.07.25 18:48
/KASE, July 3, 2025/ – As announced earlier, additional offering of bonds XS3032932645 (KASE main market, category "bonds", BRKZe18) of Development Bank of Kazakhstan JSC (Astana) was held on June 26, 2025 in the trading system of Kazakhstan Stock Exchange (KASE) by way of subscription to them. Below are parameters of the bid and results of the subscription on KASE. Subsidiary of Halyk Bank of Kazakhstan "Halyk Finance" JSC, acted as a joint bookrunner on KASE during the subscription to the said bonds. BID PARAMETERS: --------------------------------------------------------- -------------------- Number of participants: 2 Number of orders submitted (all / active ones), 3 / 2 Volume of active orders*, mln USD: 51.1 "Clean" price on orders submitted, % of face value (on all / active ones): – minimum 100.0000 / 100.2500 – maximum 100.4870 – weighted average 100.1261 / 100.2514 Yield on orders submitted, % APR (on all / active ones): – minimum 5.5000 – maximum 5.6200 / 5.5600 – weighted average 5.6171 / 5.5518 ------------------------------------------------------------------------------ * 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 86.3 %, other legal entities – for 13.7 %. OFFERING RESULTS: --------------------------------------------------------- -------------------- Volume of orders executed, bonds: 50,300,000 Volume of orders executed, USD: 51,101,656.3 Volume of executed orders, equivalent in tenge 26,489,565,550.3 at the rate of the National Bank of the RK as of July 3: Number of orders executed: 2 Number of participants, whose orders were executed: 2 "Clean" price in orders executed, % of face value: 100.2500 Yield of bonds to maturity for buyer, % APR: 5.5600 ------------------------------------------------------------------------------ In terms of the main categories of investors, 99.4 % of the total volume was purchased by banks, 0.6 % – by other legal entities. According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlements based on the results of the subscription were executed in full, the subscription was completed. OFFERING TERMS: ------------------------ ----------- Subscription date: 26.06.25 Type of purchase orders: limit Order collection time: 14:00–19:15 Date of transactions: 03.07.25 Date of settlements: 03.07.25 ------------------------------------ We remind you that the additionally issued bonds have been assigned a temporary ISIN – XS3108433858, which is different from the ISIN assigned in April 2025 to the initially placed Eurobonds in the amount of USD 500 million, which is valid for 40 days from the date of additional offering of the Eurobonds (July 3, 2025). [2025-07-03]