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

16.04.24'
ISIN
KZKD00001095
Volume
5 573,7 mln KZT
Yield
11,45 %
Maturity
1631 (5)
16.04.24'
ISIN
KZKD00001111
Volume
27 056,9 mln KZT
Yield
12,15 %
Maturity
3924 (11)
16.04.24'
ISIN
KZKD00001251
Volume
22 248,5 mln KZT
Yield
11,96 %
Maturity
2121 (6)
16.04.24'
ISIN
KZKD00000915
Volume
10 246,1 mln KZT
Yield
11,83 %
Maturity
797 (2)
16.04.24'
ISIN
KZKD00000931
Volume
24 708,9 mln KZT
Yield
12,08 %
Maturity
3228 (9)
16.04.24'
ISIN
KZKD00000857
Volume
3 053,6 mln KZT
Yield
12,15 %
Maturity
5710 (16)
09.04.24'
ISIN
KZKD00001103
Volume
44 216,5 mln KZT
Yield
12,15 %
Maturity
3548 (10)
09.04.24'
ISIN
KZKD00001129
Volume
35 638,8 mln KZT
Yield
11,99 %
Maturity
2498 (7)
09.04.24
ISIN
KZK100000332
Volume
42 614,6 mln KZT
Yield
11,71 %
Maturity
362 (1)
09.04.24'
ISIN
KZKD00001160
Volume
31 653,4 mln KZT
Yield
11,85 %
Maturity
1909 (5)
09.04.24'
ISIN
KZKD00000774
Volume
16 846,0 mln KZT
Yield
12,15 %
Maturity
5506 (15)
02.04.24'
ISIN
KZKD00000535
Volume
33 170,7 mln KZT
Yield
11,38 %
Maturity
1075 (3)

GS issue schedule on 2024 year

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Securities Market Report

Go to the review

Kazakhstan macro & market overview
National Bank of Kazakhstan
Q4 2023

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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
16.04.2024 1,1505673 0,0654124 -0,1946961 1,0000000
17.04.2024 1,1380751 0,1229637 -0,2027208 0,5000000
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
16.04.2024 1,1505673 0,0654124 -0,1946961 1,0000000
17.04.2024 1,1380751 0,1229637 -0,2027208 0,5000000
B0, B1, B2, TAU - parameters of the Nelson-Siegel model

GS index as of April 16, 2024

KZGB_CPm1m 998,45 (-0,23)
KZGB_CP 1 028,06 (-0,24)
KZGB_CPs 1 144,20 ( +0,26)
KZGB_CPm 995,03 ( +0,37)
KZGB_CPl 923,14 (-1,05)
KZGB_DPm1m 1 046,17 ( +0,06)
KZGB_DP 1 092,51 ( +0,07)
KZGB_DPs 1 227,84 ( +0,59)
KZGB_DPm 1 171,06 ( +0,74)
KZGB_DPl 1 084,97 (-0,86)
KZGB_Ym1m 11,95 (0,00) % APR
KZGB_Y 11,98 ( +0,03) % APR
KZGB_Ys 12,29 (-0,05) % APR
KZGB_Ym 11,82 (-0,02) % APR
KZGB_Yl 12,05 ( +0,06) % APR

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