Special trading session for offering of MEUKAM KZKD00001186 (MUM180_0015) of Ministry of Finance of Republic of Kazakhstan on September 2 declared failed

/KASE, September 2, 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. Below are the bid parameters and results of the special trading session. ------------------------------------------------------------ BID PARAMETERS: ------------------------------------------ ----------------- Number of participants: 2 Number of orders submitted (all / active): 3 / 2 including: – limit: 3 / 2 – market: 0 / 0 Volume of active orders*, mln tenge: 1,807.5 including: – limit: 1,807.5 – market: 0.0 Bid to ask: 12.8 % "Clean" price on orders submitted, % of face value (on all / on active ones): – minimum 69.7395 / 69.9230 – maximum 70.1073 – weighted average 69.9234 / 70.0664 Yield on orders submitted, % APR (on all / on active ones): – minimum 16.9500 – maximum 17.0500 / 17.0000 – weighted average 16.9999 / 16.9611 ------------------------------------------ ----------------- * 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 77.9 %, broker-dealer organizations – for 22.1 %. The Ministry of Finance of the Republic of Kazakhstan declared this special trading session failed due to the unsatisfactory price fixed for the submitted orders. OFFERING TERMS: ------------------------------------------- --------------------------- Trade date: 02.09.25 Current maturity: 11 years (3,953 days) Declared offering volume, mln KZT: 20,000.0 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: 02.09.25, 15:00 Payment date: 04.09.25 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 limit offset orders: pro rata to amounts of offset orders Method of execution of market orders: at weighted average price ----------------------------------------------------------------------- [2025-09-02]