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

27.09.23'
ISIN
KZKD00001160
Volume
19 616,2 mln KZT
Yield
13,09 %
Maturity
2101 (6)
27.09.23'
ISIN
KZK200000679
Volume
16 508,2 mln KZT
Yield
13,64 %
Maturity
1027 (3)
20.09.23'
ISIN
KZK100000290
Volume
14 154,5 mln KZT
Yield
14,60 %
Maturity
173 (0)
20.09.23'
ISIN
KZKD00000972
Volume
6 694,1 mln KZT
Yield
11,70 %
Maturity
4630 (13)
20.09.23'
ISIN
KZKD00001228
Volume
19 892,2 mln KZT
Yield
12,80 %
Maturity
2752 (8)
13.09.23'
ISIN
KZKD00001103
Volume
20 781,9 mln KZT
Yield
12,05 %
Maturity
3754 (10)
13.09.23'
ISIN
KZK100000290
Volume
14 532,2 mln KZT
Yield
14,55 %
Maturity
180 (0)
06.09.23'
ISIN
KZKD00001152
Volume
20 485,0 mln KZT
Yield
12,60 %
Maturity
3200 (9)
06.09.23'
ISIN
KZK200000745
Volume
16 898,6 mln KZT
Yield
14,02 %
Maturity
487 (1)
06.09.23'
ISIN
KZK200000679
Volume
12 246,4 mln KZT
Yield
13,64 %
Maturity
1048 (3)
23.08.23'
ISIN
KZKD00000972
Volume
9 961,9 mln KZT
Yield
11,70 %
Maturity
4657 (13)
23.08.23'
ISIN
KZK100000290
Volume
7 520,2 mln KZT
Yield
14,70 %
Maturity
200 (1)

GS issue schedule on 2023 year

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Securities Market Report

Go to the review

Kazakhstan macro & market overview
National Bank of Kazakhstan
Q2 2023

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Announcements

Ministry of Finance
04.10.23 '
Trade subject:
"clean" price
Coupon:
9,10
Announced volume:
30 000,0 mln KZT
Maturity
989 (3)

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
03.10.2023 1,0554925 0,5265036 -0,0000077 1,2300000
04.10.2023 1,0190932 0,5338357 0,0001631 1,6700000
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
03.10.2023 1,0554925 0,5265036 -0,0000077 1,2300000
04.10.2023 1,0190932 0,5338357 0,0001631 1,6700000
B0, B1, B2, TAU - parameters of the Nelson-Siegel model

GS index as of 04.10.23

KZGB_CP 1 000,48 ( +0,05%)
KZGB_CPs 1 100,98 ( +0,02%)
KZGB_CPm 949,57 (-0,13%)
KZGB_CPl 913,37 ( +0,39%)
KZGB_DP 1 039,38 ( +0,08%)
KZGB_DPs 1 159,65 ( +0,04%)
KZGB_DPm 1 096,30 (-0,10%)
KZGB_DPl 1 043,83 ( +0,40%)
KZGB_Y 13,02, % APR ( +0,01)
KZGB_Ys 15,91, % APR (-0,01)
KZGB_Ym 13,48, % APR ( +0,04)
KZGB_Yl 12,22, % APR (-0,08)

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 89.5 42.0 32.5 15.0
2 Eurasian Bank 75.0 33.0 32.0 10.0
3 Freedom Finance 66.5 35.5 21.0 10.0
4 Bank CenterCredit 64.0 30.5 23.5 10.0
5 Citibank 64.0 26.0 28.0 10.0
6 Kaspi Bank 64.0 30.5 23.5 10.0
7 ForteBank 55.5 20.0 25.5 10.0
8 Eurasia Capital 28.0 11.5 11.5 5.0
9 First Heartland Jusan Bank 24.5 19.5 0.0 5.0
10 Freedom Finance Global PLC 17.0 0.0 12.0 5.0
11 UD Capital 12.5 7.5 0.0 5.0
12 BCC Invest 9.5 9.5 0.0 0.0
13 ForteFinance 7.5 7.5 0.0 0.0
14 Halyk Finance 7.5 7.5 0.0 0.0
15 Standard Investment Company 7.5 7.5 0.0 0.0
16 Tengri Partners Investment Banking (Kazakhstan) 7.5 0.0 7.5 0.0
17 Astana-Invest 5.0 0.0 0.0 5.0
18 Centras Securities 5.0 0.0 0.0 5.0
19 Eurasian Development Bank 5.0 0.0 0.0 5.0
20 Otbasy bank 5.0 0.0 0.0 5.0
21 Altyn Bank 5.0 0.0 0.0 5.0
22 Bank Freedom Finance Kazakhstan 5.0 0.0 0.0 5.0
23 Kazpost 5.0 0.0 0.0 5.0
24 SkyBridge Invest 0.0 0.0 0.0 0.0
25 First Heartland Jusan Invest 0.0 0.0 0.0 0.0
26 Teniz Capital Investment Banking 0.0 0.0 0.0 0.0