Government securities

The following are represented on the government securities market:

securities issued by the Ministry of Finance of the Republic of Kazakhstan, including subject to the foreign laws
notes issued by the National Bank of the Republic of Kazakhstan
bonds of local executive bodies
foreign government securities

Trading and settlements for liquid government securities take place using the T+2 technology (on the second day after the transaction is made), for illiquid securities using the T+0 technology (on the day the transaction is made)

Markets/

Stock Markets/

Government securities

Recent placement

GS issue schedule on 2026 year

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Event digest

Market trends

Government Debt / Trading Volume

GS SPOT curve

GS indices

as of 11.02.2026

KZGB_CPm1m

910,22

+0,18 %

KZGB_CP

939,62

+0,20 %

KZGB_CPs

1 209,77

-0,01 %

KZGB_CPm

953,15

-0,34 %

KZGB_CPl

806,74

+0,44 %

"Clean" price index

KZGB_DPm1m

1 167,51

+0,20 %

KZGB_DP

1 163,32

+0,22 %

KZGB_DPs

1 501,24

+0,02 %

KZGB_DPm

1 288,49

-0,30 %

KZGB_DPl

1 118,33

+0,44 %

"Dirty" price Index

KZGB_Ym1m

15,91% APR

-0,05

KZGB_Y

15,93% APR

-0,02

KZGB_Ys

16,63% APR

+0,04

KZGB_Ym

16,32% APR

+0,17

KZGB_Yl

15,33% APR

-0,03

Yield Index

Instruments available for trading

All instruments

Finance Ministry RK

NBRK

Akimats

Foreign GS

Ticker	ISIN	Currency	Volume,mln KZT	Yield,%	Coupon, %	Maturity	Market-maker	Date
MUM120_0020	KZKD00001269	KZT	0,001	14,60	14,00	3 242 (9)	Halyk Bank	11.02.2026
MUM108_0014	KZKD00001236	KZT	0,001	15,00	14,00	2 258 (6)	Eurasian Bank; Freedom Finance	11.02.2026
MUM096_0014	KZKD00001228	KZT	0,002	15,04	14,00	1 891 (5)	Freedom Finance; Eurasian Bank	11.02.2026
MUM084_0020	KZKD00001285	KZT	0,001	14,95	14,60	2 185 (6)	–	11.02.2026
MOM060_0054	KZK200000737	KZT	0,001	15,70	15,35	637 (2)	Freedom Finance	11.02.2026
NTK028_2873	KZW100014395	KZT	9,9	16,90	–	21 (0)	–	10.02.2026
MUM168_0005	KZKD00001111	KZT	0,004	14,80	10,25	3 269 (9)	Freedom Finance	10.02.2026
MUM180_0011	KZKD00000790	KZT	0,422	15,20	7,68	1 262 (4)	Eurasian Bank; Bank CenterCredit; Halyk Bank; Freedom Finance	10.02.2026
MUM108_0013	KZKD00001087	KZT	0,001	14,90	11,00	1 130 (3)	Freedom Finance; Eurasian Bank	10.02.2026
MUM156_0005	KZKD00000758	KZT	0,023	15,70	7,47	489 (1)	Freedom Finance; Halyk Bank	10.02.2026

Finance Ministry RK

МИО

Ticker	ISIN	Date	Issued,mln KZT	Demand, %	Yield,%	TABLE.COUPON_PR	Maturity
MUM300_0003	KZKD00000857	10.02.26	63 570,3	374,3	15,0973	8,37	5 056 (14)
MUM180_0009	KZKD00000717	10.02.26	38 499,2	386,7	15,9104	7,22	1 020 (3)
MUM180_0016	KZKD00001194	10.02.26	64 106,2	271,0	15,1693	11,05	3 948 (11)
MKM012_0162	KZK100000431	03.02.26	28 698,5	486,0	16,2094	–	362 (1)
MTM072_0001	KZKT00000040	03.02.26	32 738,2	211,1	16,0932	1,20	1 005 (3)
MUM072_0016	KZKD00001319	03.02.26	54 500,0	188,1	15,1800	15,18	2 162 (6)
MUM120_0020	KZKD00001269	27.01.26	47 346,9	527,9	15,4240	14,00	3 256 (9)
MUM096_0014	KZKD00001228	27.01.26	29 609,6	159,2	15,4441	14,00	1 905 (5)
MUM180_0009	KZKD00000717	27.01.26	60 236,9	495,9	15,9895	7,22	1 033 (3)
MOM060_0055	KZK200000778	20.01.26	74 211,4	240,8	15,4784	16,95	1 699 (5)
MUM180_0013	KZKD00000931	20.01.26	60 678,4	458,2	15,5004	8,66	2 594 (7)
MUM084_0020	KZKD00001285	13.01.26	41 027,6	341,0	15,5595	14,60	2 213 (6)
MUM120_0020	KZKD00001269	06.01.26	46 005,0	195,5	15,5276	14,00	3 277 (9)
MUM096_0014	KZKD00001228	06.01.26	29 157,7	188,1	15,5096	14,00	1 926 (5)
MOM060_0054	KZK200000737	06.01.26	47 782,4	135,1	16,4232	15,35	672 (2)
MUM180_0008	KZKD00000659	23.12.25	65 412,2	419,3	16,4603	6,50	661 (2)
MUM144_0009	KZKD00001178	23.12.25	30 035,4	312,5	15,4433	10,69	2 760 (8)
MOM060_0055	KZK200000778	17.12.25	53 780,1	302,7	15,4514	16,95	1 732 (5)
MUM096_0015	KZKD00001301	09.12.25	30 758,8	669,0	15,5500	14,45	2 696 (7)
MUM180_0015	KZKD00001186	09.12.25	23 660,1	839,8	15,5500	10,78	3 856 (11)
MUM120_0020	KZKD00001269	02.12.25	55 240,3	842,1	16,1000	14,00	3 311 (9)
MKM012_0161	KZK100000423	02.12.25	4 653,4	287,8	16,7800	–	163 (0)
MUM180_0008	KZKD00000659	25.11.25	7 601,0	488,9	16,8800	6,50	689 (2)
MUM156_0006	KZKD00000964	25.11.25	11 349,6	259,8	16,6000	8,44	1 965 (5)
MUM096_0015	KZKD00001301	25.11.25	41 824,6	463,3	16,5800	14,45	2 710 (8)
MOM060_0055	KZK200000778	18.11.25	41 319,2	304,5	16,9008	16,95	1 761 (5)
MUM120_0020	KZKD00001269	18.11.25	50 943,4	517,2	16,8710	14,00	3 325 (9)
MUM072_0013	KZKD00001145	18.11.25	17 643,0	219,2	17,0112	10,40	541 (2)
MUM180_0015	KZKD00001186	11.11.25	60 000,0	262,0	16,9500	10,78	3 884 (11)
MUM096_0014	KZKD00001228	11.11.25	47 725,8	151,4	17,1012	14,00	1 981 (6)
MUM180_0008	KZKD00000659	11.11.25	39 982,1	144,9	17,1312	6,50	703 (2)
MUM096_0015	KZKD00001301	11.11.25	41 963,0	490,9	17,0000	14,45	2 724 (8)
MUM192_0001	KZKD00000477	04.11.25	54 043,3	185,3	17,1106	5,30	705 (2)
MOM060_0055	KZK200000778	04.11.25	57 174,7	169,3	17,0848	16,95	1 775 (5)
MUM120_0020	KZKD00001269	04.11.25	62 101,8	350,2	17,0000	14,00	3 339 (9)
MUM084_0020	KZKD00001285	04.11.25	34 394,5	235,8	17,0302	14,60	2 282 (6)
KZ_26_3010	XS3212533262	28.10.25	105 742,5	–	0,0000	4,41	1 800 (5)
MUM120_0018	KZKD00000907	28.10.25	11 200,6	135,0	17,1200	9,00	605 (2)
MUM300_0002	KZKD00000774	28.10.25	75 385,0	824,1	17,1000	8,35	4 947 (14)
MUM180_0008	KZKD00000659	28.10.25	13 974,4	144,2	17,1500	6,50	716 (2)
MOM060_0055	KZK200000778	21.10.25	10 624,1	79,3	17,1500	16,95	1 788 (5)
MKM012_0161	KZK100000423	21.10.25	19 896,8	270,9	17,2000	–	204 (1)
MUM216_0001	KZKD00000972	21.10.25	80 485,4	704,8	17,1000	8,48	3 879 (11)
MUM180_0015	KZKD00001186	14.10.25	82 811,7	893,9	17,2000	10,78	3 911 (11)
MUM096_0014	KZKD00001228	14.10.25	19 444,5	87,1	17,2500	14,00	2 008 (6)
MUM216_0001	KZKD00000972	07.10.25	31 381,2	235,1	16,9000	8,48	3 893 (11)
MOM060_0055	KZK200000778	07.10.25	363,3	2,7	16,9500	16,95	1 802 (5)
MUM096_0015	KZKD00001301	26.09.25	53 117,0	232,3	16,9986	14,45	2 769 (8)
MUM180_0007	KZKD00000618	26.09.25	3 657,2	26,9	17,0000	5,49	712 (2)
MOM048_0056	KZK200000760	23.09.25	40 152,0	135,1	16,9801	17,01	1 394 (4)
MUM240_0001	KZKD00000550	23.09.25	36 101,3	320,5	16,7900	5,50	2 371 (7)
MOM060_0052	KZK200000679	23.09.25	3 500,0	6,0	16,8861	10,50	311 (1)
MUM180_0011	KZKD00000790	16.09.25	12 566,8	91,0	16,9880	7,68	1 407 (4)
MUM132_0007	KZKD00001152	16.09.25	11 906,4	77,5	17,0000	10,65	2 470 (7)
MUM084_0018	KZKD00001137	16.09.25	12 955,7	195,9	17,0000	10,40	926 (3)
MKM012_0161	KZK100000423	16.09.25	88 363,4	412,2	16,9496	–	239 (1)
MUM096_0014	KZKD00001228	09.09.25	13 650,4	37,6	16,9996	14,00	2 043 (6)
MOM048_0056	KZK200000760	09.09.25	19 007,1	243,5	16,9791	17,01	1 408 (4)
MKM012_0161	KZK100000423	09.09.25	5 236,8	208,3	16,9200	–	246 (1)
MUM108_0015	KZKD00001277	09.09.25	155,0	29,8	16,9500	14,50	3 057 (8)
MOM060_0052	KZK200000679	02.09.25	69 424,4	338,3	16,9000	10,50	332 (1)
MUM096_0015	KZKD00001301	02.09.25	32 000,0	200,1	16,9450	14,45	2 793 (8)
MUM084_0019	KZKD00001244	02.09.25	33 011,7	123,3	17,0000	12,00	1 970 (5)
MUM084_0020	KZKD00001285	26.08.25	65 486,9	115,1	16,9898	14,60	2 350 (7)
MUM108_0015	KZKD00001277	26.08.25	77 045,7	222,3	16,9500	14,50	3 070 (9)
MOM048_0056	KZK200000760	26.08.25	21 458,4	147,9	16,9887	17,01	1 421 (4)
MUM300_0002	KZKD00000774	19.08.25	34 013,9	252,5	16,7507	8,35	5 016 (14)
MUM180_0004	KZKD00000444	19.08.25	64 789,5	222,7	16,8685	5,50	359 (1)
MUM180_0011	KZKD00000790	19.08.25	84 646,0	291,2	16,9814	7,68	1 434 (4)

* data for the last 6 months** apostrophe indicates a repeated execution

as of 11.02.2026

Clean price

Dirty price

Yield

Ticker	Mode	Bid	Offer	Open	High	low	Last	Price change per day, %	VWAP	Deals	Volume,mln KZT	Number of days to maturity
AT_01_2006	TQOB	26,3207	37,0232	–	–	–	–	–	–	0	–	34 472
HK_01_2702	EQBD	1,0000	1,0200	–	–	–	–	–	–	0	–	377
KZ_06_4410	TQOD	–	95,0000	–	–	–	–	–	–	0	–	6 723
KZ_23_3504	TQOD	97,5010	100,0000	–	–	–	–	–	–	0	–	3 298
MKM012_0161	TQOG	–	96,0488	–	–	–	–	–	–	0	–	93
MOM048_0053	TQOG	98,5734	99,2501	–	–	–	–	–	–	0	–	133
MOM048_0054	TQOG	97,7465	98,8171	–	–	–	–	–	–	0	–	215
MOM060_0052	TQOG	97,1386	97,5669	–	–	–	–	–	–	0	–	173
MOM060_0054	TQOG	99,4061	99,4061	99,4061	99,4061	99,4061	99,4061	+0,00	99,4061	3	0,064	637
MOM060_0055	TQOG	102,1550	108,9023	–	–	–	–	–	–	0	–	1 678
MUM072_0013	TQOG	–	94,3624	–	–	–	–	–	–	0	–	458
MUM072_0014	TQOG	96,5630	100,8715	–	–	–	–	–	–	0	–	1 102
MUM072_0015	TQOG	90,0648	91,5480	–	–	–	–	–	–	0	–	1 466
MUM084_0018	TQOG	88,7033	91,8955	–	–	–	–	–	–	0	–	781
MUM084_0019	TQOG	88,4967	89,8880	–	–	–	–	–	–	0	–	1 811
MUM084_0020	TQOG	–	98,6026	98,6026	98,6026	98,6026	98,6026	-0,19	98,6026	1	0,001	2 185
MUM096_0011	TQOG	86,9072	90,7342	–	–	–	–	–	–	0	–	976
MUM096_0012	TQOG	84,3375	88,9195	–	–	–	–	–	–	0	–	1 247
MUM096_0013	TQOG	87,4496	89,1400	–	–	–	–	–	–	0	–	1 433
MUM096_0014	TQOG	96,2000	96,3511	96,3511	96,3511	96,2000	96,2000	-0,51	96,2907	3	0,005	1 891
MUM108_0013	TQOG	86,7130	90,6824	–	–	–	–	–	–	0	–	1 130
MUM108_0014	TQOG	92,2260	95,9167	95,9167	95,9167	95,9167	95,9167	-0,77	95,9167	2	0,002	2 258
MUM108_0015	TQOG	–	99,0290	–	–	–	–	–	–	0	–	2 905
MUM120_0017	TQOG	–	91,0000	–	–	–	–	–	–	0	–	385
MUM120_0018	TQOG	89,8685	92,0189	–	–	–	–	–	–	0	–	502
MUM120_0019	TQOG	82,6352	84,5842	–	–	–	–	–	–	0	–	1 836
MUM120_0020	TQOG	92,5257	97,0958	97,0958	97,0958	97,0958	97,0958	+5,99	97,0958	1	0,001	3 242
MUM132_0007	TQOG	77,8979	83,2849	–	–	–	–	–	–	0	–	2 325
MUM144_0009	TQOG	76,5987	83,9531	–	–	–	–	–	–	0	–	2 712
MUM156_0005	TQOG	89,4470	90,4897	–	–	–	–	–	–	0	–	489
MUM156_0006	TQOG	75,8823	77,1784	–	–	–	–	–	–	0	–	1 889
MUM156_0007	TQOG	74,4328	78,8366	–	–	–	–	–	–	0	–	2 886
MUM168_0003	TQOG	71,5917	74,6690	–	–	–	–	–	–	0	–	2 225
MUM168_0005	TQOG	76,2000	77,9924	–	–	–	–	–	–	0	–	3 269
MUM180_0004	TQOG	94,9709	95,1223	–	–	–	–	–	–	0	–	187
MUM180_0011	TQOG	79,7000	80,4297	–	–	–	–	–	–	0	–	1 262
MUM180_0012	TQOG	78,1060	–	–	–	–	–	–	–	0	–	1 433
MUM180_0013	TQOG	69,9397	73,5780	–	–	–	–	–	–	0	–	2 573
MUM180_0014	TQOG	68,9751	72,9395	–	–	–	–	–	–	0	–	2 592
MUM180_0015	TQOG	76,0000	–	–	–	–	–	–	–	0	–	3 794
MUM192_0001	TQOG	83,9267	85,7441	–	–	–	–	–	–	0	–	608
MUM192_0002	TQOG	80,7144	81,3810	–	–	–	–	–	–	0	–	787
MUM240_0001	TQOG	60,7378	63,2413	–	–	–	–	–	–	0	–	2 233
MUM240_0002	TQOG	64,8979	70,0688	–	–	–	–	–	–	0	–	2 971
MY_01_3104	EQBD	0,9100	0,9300	–	–	–	–	–	–	0	–	1 877
NTK091_2872	TQOG	–	96,9301	–	–	–	–	–	–	0	–	70
OM_01_2908	TQOC	99,9973	106,3794	–	–	–	–	–	–	0	–	1 250
QA_04_2804	EQEU	100,0000	–	–	–	–	–	–	–	0	–	792
SA_02_2904	EQEU	100,0000	–	–	–	–	–	–	–	0	–	1 145
SA_05_2704	EQBD	0,9900	1,0100	–	–	–	–	–	–	0	–	429
TR_02_2904	EQOC	100,3336	106,1602	–	–	–	–	–	–	0	–	1 155
TR_02_2904	EQEU	99,0000	100,0000	–	–	–	–	–	–	0	–	1 155
US106_2812	TQOD	94,1742	94,2266	–	–	–	–	–	–	0	–	1 054
US_85_2606	TQOD	97,0000	–	–	–	–	–	–	–	0	–	139
US_97_3205	TQOD	94,5178	94,6245	–	–	–	–	–	–	0	–	2 285
Total										10	0,073

* the table shows only market deals without notice of specialized trades

Trading rules

11:20 – 11:30
opening auction
11:30 – 17:30
purchase and sale of securities by the continuous counter auction method
10:30 – 17:30
purchase and sale of securities by the continuous counter auction method
15:30 – 17:30
first clearing session
17:30 – 19:15
second clearing session

Information and Statistics Department

For information please contact:

infodep@kase.kz

Phones

7 (727) 237 5323

Central counterparty

Reducing systemic risks is the main function of the CCP which places increased demands on reliability of the risk management system.

Currently, "KASE Clearing Center" JSC functions as a central counterparty for transactions with all financial instruments of the derivatives market, foreign exchange and stock markets, with the exception of transactions carried out in some trading modes of the stock market, in which, for technological or other reasons, centralized clearing is not carried out.