Kazakhstan Stock Exchange Holds Special Trading Sessions for Government Short-Term Treasury Bonds

The Kazakhstan Stock Exchange (KASE) held 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) on July 1, 2025. The sessions were conducted in KASE's trading system, with the offering terms and parameters set for the transactions.

Key Takeaways:

  • The two special trading sessions were held for the offering and additional offering of MEKKAM's government short-term treasury bonds.
  • The offering terms included a declared offering volume of 30,000 million KZT, with a current maturity of 318 days and a trade date of July 1, 2025.
  • The trading session for the additional offering had a declared additional offering volume of 30,000 million KZT, with a current maturity of 318 days and a trade date of July 1, 2025.
  • A total of 7 participants took part in the offering, submitting 26 active orders, while only 1 participant took part in the additional offering, submitting 1 active order.
  • The total volume of active orders at the offering was 72,903.1 million KZT, with a weighted average "clean" price of 87.1577% of the face value and a weighted average yield of 17.0193% APR.
  • The results of the offering included a volume of orders executed of 388,500,000 bonds, with a total volume of orders executed of 33,896,247,050.0 tenge and a weighted average "clean" price of 87.2490% of the face value.
  • The settlement for the offering will be carried out according to the T+2 scheme, and the bonds sold at the auction will be admitted to circulation on KASE's secondary market on the next business day after the day of fulfillment of obligations.

Statistics:

  • 7 participants took part in the offering.
  • 26 active orders were submitted during the offering.
  • The total volume of active orders at the offering was 72,903.1 million KZT.
  • The total volume of orders executed was 388,500,000 bonds.
  • The total volume of orders executed was 33,896,247,050.0 tenge.
  • The weighted average "clean" price of the bonds executed was 87.2490% of the face value.
  • The weighted average yield of the bonds to maturity for the buyer was 16.8806% APR.

Sources:

  • Kazakhstan Stock Exchange. (2025). Announcement of the results of the offering and additional offering of MEKKAM's government short-term treasury bonds.