Kazakhstan's Ministry of Finance on August 4 placed 450.5 mln MEKKAM KZK100000449 (MKM012 0163) on KASE at weighted average yield to maturity of 16.19 % APR

/KASE, August 4, 2026/ - Kazakhstan Stock Exchange (KASE) announces that two special trading sessions (for the offering and additional offering) of government short-term treasury bonds of the Ministry of Finance of the Republic of Kazakhstan (MEKKAM) were held in KASE's trading system on August 4, 2026 on the terms below (Astana time).

OFFERING TERMS

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Trade date:                                 04.08.26
Current maturity:                           277 days
Declared offering volume, mln KZT:          40,000.0
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:                      04.08.26, 15:00
Payment date:                               06.08.26
Method of execution of limit orders:        at prices of limit offset orders
                                            equal to the cut-off price or
                                            more favorable to the seller
Method of execution of limit offset orders: pro rata to amounts
                                            of offset orders
Method of execution of market orders:       at the weighted average price
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From 15:30 to 16:00 o'clock, Astana time, a special trading session for additional offering of the mentioned bonds was held in KASE's trading system on the terms below.

ADDITIONAL OFFERING TERMS:

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Trade date:                                   04.08.26
Current maturity:                             277 days
Declared additional offering volume, mln KZT: 20,000.0
Trade subject:                                "clean" price
Market order execution rate, %:               0
Order submission method:                      closed
Order collection time:                        15:30-16:00
Order confirmation time:                      15:30-16:00
Cut-off time:                                 before 17:00 (Т+0)
Payment date:                                 06.08.26
Limit orders execution method:                at prices of limit offset
                                              orders equal to the cut-off
                                              price or those more
                                              favorable for the seller
-------------------------------------------------------------------------

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BID PARAMETERS AT OFFERING:
--------------------------------------------------- -------------------------
Number of participants:                             4
Number of orders submitted (all / active):          21 / 14
including:
- limit:                                            17 / 12
- market:                                           4 / 2
Volume of active orders*, mln KZT:                  82,881.9
including:
- limit:                                            71,831.9
- market:                                           11,050.0
Bid to ask:                                         х2.3 times
"Clean" price on orders submitted, % of face value (on all / on active ones):
- minimum                                           88.9430
- maximum                                           89.2421 / 89.1701
- weighted average                                  89.0769 / 89.0650
Yield on orders submitted, % APR (on all / active ones):
- minimum                                           16.0000 / 16.1200
- maximum                                           16.5000
- weighted average                                  16.2796 / 16.2956
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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.

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BID PARAMETERS AT ADDITIONAL OFFERING:
--------------------------------------------------- ----------------
Number of participants:                             3
Number of orders submitted (all / active):          7 / 3
Volume of active orders*, mln KZT:                  12,477.7
Bid to ask:                                         70.0%
---------------------------------------------------
* active orders - orders not annulled by trade participants
at expiry of order submission period including those
confirmed by Confirmation System participants.

OFFERING RESULTS:

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Volume of orders executed, bonds:                   450,492,122
Volume of orders executed, KZT:                     40,150,748,588.6
Number of orders executed:                          9
Number of participants, whose orders were executed: 3
Volume of executed orders, % of plan:               112.6
Volume of executed orders, % of the bid:            42.1
"Clean" price in orders executed, % of face value:
- minimum                                           89.1222
- maximum                                           89.1701
- weighted average                                  89.1264
Yield of bonds to maturity for buyer, % APR:
- minimum                                           16.1200
- maximum                                           16.2000
- weighted average                                  16.1912
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Taking into account the previously conducted placement, the total volume of MEKKAM KZK100000449 (MKM012_0163) amounted to 2,269,002,538 bonds with a par value of KZT 226,900,253,800.

Settlements for this offering will be carried out on August 6, 2026 (according to the T+2 scheme). MEKAM sold at today's auction will be admitted to circulation on KASE's secondary market under the trade code specified in the table on the next business day after the day of fulfillment of obligations under deals. The bonds must be quoted in KASE's trading system in clean prices.

The Rules of issue, placement, circulation, service and maturity of government treasury bonds of the Republic of Kazakhstan are available at see more

The Trading Rules are published at see more

Detailed information on the issue of these bonds is available at see more

[2026-08-04]