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ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

of January 8, 2026 No. 5

About introduction of amendments to the order of the Minister of Finance of the Republic of Kazakhstan of May 30, 2025 No. 271 "About approval of Rules of issue of securities for the address in the domestic market by local executive body of area, city of republican value, the capital"

I ORDER:

1. Bring in the order of the Minister of Finance of the Republic of Kazakhstan of May 30, 2025 No. 271 "About approval of Rules of issue of securities for the address in the domestic market by local executive body of area, city of republican value, the capital" (it is registered in the Register of state registration of regulatory legal acts at No. 36181) the following changes:

in Rules of issue of securities for the address in the domestic market by local executive body of area, city of republican value, the capital approved by the specified order:

state Item 5 in the following edition:

"5. Securities are placed the issuer by holding the auction, additional placement, repeated opening, statutory rules of the organizer of the biddings.";

state Items 16 and 17 in the following edition:

"16. The issuer is allowed to make partial early or complete early repayment of securities.

Partial early or complete early repayment is performed in coordination with security holders (or their authorized representatives).

17. Repayment and servicing, and also partial early or complete early repayment of securities is performed at the expense of means of the corresponding local budget.".

2. To provide to department of the state borrowing of the Ministry of Finance of the Republic of Kazakhstan in the procedure established by the legislation:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this order on Internet resource of the Ministry of Finance of the Republic of Kazakhstan after day of its first official publication;

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