Halyk Finance says it was named rating leader among local arrangers of corporate and municipal bonds in first five months according to information agency Cbonds
11.06.15 12:01
/KASE, June 11, 15/ – Subsidiary organization of Halyk Bank of Kazakhstan
"Halyk Finance" (Almaty, in the heading – Halyk Finance), a member of
Kazakhstan Stock Exchange (KASE), today provided KASE with the following
press-release:
quote
Cbonds, the leading source of information on fixed income markets of Russia,
the CIS and other Emerging Markets, has updated its league tables report for the
period of January-May 2015. The report covers local bond markets of Central
and Eastern Europe, including CIS countries.
Halyk Finance has again topped the arrangers' league table for corporate and
municipal bonds in Kazakhstan for the first 5 months of 2015. Halyk Finance
has successfully arranged 3 bond issues for a total amount of KZT 138.27
billion (c. $747 million), thus having increased its share to 44% in the total
market volume (KZT 311.42 billion) for the period of January-May 2015.
According to Cbonds' analysis of the bond markets in CEE region for January-
May 2015, c. 55% of corporate issues were placed by banks and other financial
institutions, 26.2% - by gas and oil companies, 5.1% - by power entities, 4.4% -
by construction and development companies and 4.1% – by issuers from
transportation industry.
unquote
[2015-06-11]