ASTANA, Kazakhstan, April 4. The Eurasian Development Bank (EDB) has placed three-year US dollar-denominated bonds on the Kazakhstan Stock Exchange (KASE), raising a total of $121.6 million, Trend reports via the bank.
The coupon rate was set at 5.35% per annum, or 150 basis points above three-year US Treasury notes.
According to the EDB, the offering attracted strong interest from both institutional and private investors, with demand exceeding supply by more than 20 percent, highlighting market confidence in the EDB’s credit strength and regional strategy.
The proceeds will be directed toward financing investment projects across the Bank’s member states, including infrastructure, energy, transport, and industry. Details of current projects are available on the EDB’s website.
Halyk Finance JSC acted as the initiator and joint underwriter, alongside Alatau City Invest JSC and Forte Finance JSC.
The Eurasian Development Bank is a multilateral development institution operating in Eurasia. Over the past 20 years, it has supported economic integration and development across its member countries. As of the end of December 2025, the Bank’s cumulative portfolio included 326 projects totaling $19.6 billion. The portfolio mainly focuses on projects with strong integration impact in transport infrastructure, digital systems, green energy, agriculture, manufacturing, and mechanical engineering.
The Bank is currently implementing three major projects under its 2022–2026 Strategy: the Eurasian Transport Network, the Eurasian Agricultural Goods Distribution System, and the Central Asian Water and Energy Complex.