Halyk Savings Bank of Kazakhstan says subsidiary Halyk Finance was named leader among arrangers of corporate and municipal bonds in Kazakhstan in January–April 2015 according to agency Cbonds

13.05.15 17:52
/KASE, May 13, 15/ – Halyk Savings Bank of Kazakhstan JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided to KASE the following press-release: quote Cbonds, the leading source of information on fixed income markets of Russia, the CIS and other Emerging Markets, has prepared its league tables report for the period of January-April 2015. The report covers local bond markets of Central and Eastern Europe, including CIS countries. Halyk Finance has become the leader of Arrangers' league table for corporate and municipal bonds in Kazakhstan for the first 4 months of 2015. Halyk Finance have successfully arranged 2 bond issues for a total amount of KZT 91.11 billion (c. $493 million) that is more than a third of the total market volume (KZT 261.65 billion) for the period January-April 2015. According to the Cbonds' analysis of bond markets in CEE region for January-April 2015, about 55% of corporate issues were placed by banks and other financial institutions, 32.5% were issued by gas and oil companies and 12.6% – by issuers from other industries. Farkhad Okhonov Director of Consulting & Underwriting Halyk Finance JSC www.halykfinance.kz, tel. + 7 (727) 330 01 52 Press-office Halyk Bank of Kazakhstan JSC www.halykbank.kz tel. +7 (727) 259 08 16 unquote [2015-05-13]