ASTANA, Kazakhstan, May 8. The European Bank for Reconstruction and Development (EBRD) raised 15 billion tenge (approximately $28.5 million) through the primary placement of three-year international bonds on the Kazakhstan Stock Exchange (KASE), Trend reports.
The bonds, with a margin of 0.15 percent, were issued as part of a subscription and received strong interest from investors. The placement took place on May 2, 2025, and was a significant success amidst the current economic situation.
The securities, with the code XS3059487721 (EBRDe29), have a maturity period from May 8, 2025, to May 8, 2028, and offer a floating semi-annual coupon, which is attractive to investors focused on dynamic market conditions.
The Kazakhstan investment company "Tengri Partners Investment Banking" acted as the seller in the bond placement, marking another important step in the development of Kazakhstan's international financial markets.
This bond issue demonstrates confidence in the region's economy and the prospects for further cooperation with international financial institutions.
The Kazakhstan Stock Exchange (KASE) is the main stock exchange in Kazakhstan, located in Almaty. It was founded in 1993 and is an essential part of the country's financial infrastructure. KASE trades various financial instruments, including stocks, bonds, currencies, and derivatives.
