Trade Information

Government securities

On the GS market there are:
  • securities issued by the Ministry of Finance of the Republic of Kazakhstan, including in accordance with foreign legislation
  • notes issued by the National Bank of the Republic of Kazakhstan
  • bonds of local executive bodies
  • foreign government securities

Trades in GS are carried out in the T+2 mode (with settlements on the second day after the conclusion of the deal) and in the T+0 mode (with settlements on the day of the deal conclusion).

Placement of GS

12.03.24
ISIN
KZKD00001251
Volume
26 620,0 mln KZT
Yield
11,97 %
Maturity
2155 (6)
12.03.24'
ISIN
KZKD00001103
Volume
24 221,3 mln KZT
Yield
12,15 %
Maturity
3575 (10)
12.03.24'
ISIN
KZKD00001111
Volume
18 725,6 mln KZT
Yield
12,15 %
Maturity
3958 (11)
12.03.24'
ISIN
KZK200000687
Volume
25 511,7 mln KZT
Yield
11,51 %
Maturity
669 (2)
05.03.24'
ISIN
KZKD00001152
Volume
32 191,1 mln KZT
Yield
12,00 %
Maturity
3021 (8)
05.03.24'
ISIN
KZK100000316
Volume
31 795,0 mln KZT
Yield
11,90 %
Maturity
306 (1)
05.03.24
ISIN
KZKD00001251
Volume
32 420,0 mln KZT
Yield
0,00 %
Maturity
2162 (6)
05.03.24'
ISIN
KZKD00000626
Volume
8 767,8 mln KZT
Yield
11,41 %
Maturity
1635 (5)
27.02.24'
ISIN
KZKD00001103
Volume
40 133,4 mln KZT
Yield
12,15 %
Maturity
3590 (10)
27.02.24'
ISIN
KZKD00001152
Volume
32 272,9 mln KZT
Yield
12,00 %
Maturity
3029 (8)
27.02.24
ISIN
KZKD00001244
Volume
30 203,3 mln KZT
Yield
11,90 %
Maturity
2515 (7)
20.02.24'
ISIN
KZKD00000626
Volume
31 233,1 mln KZT
Yield
11,50 %
Maturity
1650 (5)

GS issue schedule on 2024 year

Go to the page

Securities Market Report

Go to the review

Kazakhstan macro & market overview
National Bank of Kazakhstan
Q4 2023

Go to the review

Market Trends

The GS curve is a generally accepted method of presenting the structure of interest rates on non-indexed securities of the Ministry of Finance of the Republic of Kazakhstan and the National Bank of the Republic of Kazakhstan denominated in tenge, over time, and is one of the main indicators of the state of Kazakhstan's financial market for evaluating bonds of various types and other financial instruments. The building of the GS Curve is based on the Nelson-Siegel parametric model

Estimated parameters for building the GS yield curve
B0 B1 B2 TAU
16.03.2024 1,1760123 0,0938378 -0,3867711 1,1300000
19.03.2024 1,2239744 0,0405898 -0,4749604 1,5700000
B0, B1, B2, TAU - parameters of the Nelson-Siegel model

The GS curve is a generally accepted method of presenting the structure of interest rates on non-indexed securities of the Ministry of Finance of the Republic of Kazakhstan and the National Bank of the Republic of Kazakhstan denominated in tenge, over time, and is one of the main indicators of the state of Kazakhstan's financial market for evaluating bonds of various types and other financial instruments. The building of the GS Curve is based on the Nelson-Siegel parametric model

Estimated parameters for building the GS yield curve
B0 B1 B2 TAU
16.03.2024 1,1760123 0,0938378 -0,3867711 1,1300000
19.03.2024 1,2239744 0,0405898 -0,4749604 1,5700000
B0, B1, B2, TAU - parameters of the Nelson-Siegel model

GS index as of March 18, 2024

KZGB_CPm1m 1 022,58 (-0,14%)
KZGB_DPm1m 1 087,55 (-0,10%)
KZGB_Ym1m 11,92 ( +0,08%)
KZGB_CP 1 028,78 ( +0,11%)
KZGB_CPs 1 141,15 ( +0,01%)
KZGB_CPm 998,12 ( +0,02%)
KZGB_CPl 922,75 ( +0,05%)
KZGB_DP 1 086,98 (-0,27%)
KZGB_DPs 1 215,70 ( +0,09%)
KZGB_DPm 1 171,71 (-0,31%)
KZGB_DPl 1 075,69 (-0,45%)
KZGB_Y 11,91, % APR (-0,01)
KZGB_Ys 12,60, % APR ( +0,01)
KZGB_Ym 11,64, % APR (0,00)
KZGB_Yl 11,98, % APR (-0,01)

Instruments available for trading

Evaluating participant activity in the GS market

Scoring model for evaluating the activity of the GS market's participants

As part of the project of the National Bank of the Republic of Kazakhstan and the Ministry of Finance of the Republic of Kazakhstan to launch the institute of primary dealers in the market of GS of the Ministry of Finance of Kazakhstan, a scoring model has been developed to evaluate the activity of market participants

Get file
KASE member Total number of points Primary market points Secondary market points Additional criteria points
1 Halyk Bank 78.5 32.0 31.5 15.0
2 ForteBank 68.5 41.5 22.0 5.0
3 Eurasian Bank 64.0 18.0 31.0 15.0
4 Bank CenterCredit 61.0 35.0 21.0 5.0
5 Kaspi Bank 56.0 23.0 23.0 10.0
6 Citibank 51.5 18.5 23.0 10.0
7 Freedom Finance 48.5 10.5 23.0 15.0
8 Jusan Invest JSC 33.5 33.5 0.0 0.0
9 Freedom Finance Global PLC 24.5 0.0 19.5 5.0
10 Bank RBK 23.5 23.5 0.0 0.0
11 Kazpost 15.5 15.5 0.0 0.0
12 Eurasia Capital 13.5 0.0 8.5 5.0
13 First Heartland Jusan Bank 12.5 0.0 12.5 0.0
14 Standard Investment Company 10.0 0.0 5.0 5.0
15 Altyn Bank 7.5 7.5 0.0 0.0
16 NGDEM Finance 7.0 0.0 2.0 5.0
17 Astana-Invest 5.0 0.0 0.0 5.0
18 ForteFinance 5.0 0.0 0.0 5.0
19 Otbasy bank 5.0 0.0 0.0 5.0
20 UD Capital 5.0 0.0 0.0 5.0
21 Centras Securities 0.0 0.0 0.0 0.0
22 Bank Freedom Finance Kazakhstan 0.0 0.0 0.0 0.0
23 TSBN 0.0 0.0 0.0 0.0