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

26.07.24'
ISIN
KZKD00001244
Volume
36 810,8 mln KZT
Yield
13,43 %
Maturity
2366 (7)
26.07.24'
ISIN
KZKD00000899
Volume
42 058,1 mln KZT
Yield
13,41 %
Maturity
940 (3)
23.07.24'
ISIN
KZKD00000550
Volume
32 299,5 mln KZT
Yield
13,44 %
Maturity
2791 (8)
23.07.24'
ISIN
KZKD00000857
Volume
11 500,0 mln KZT
Yield
13,26 %
Maturity
5613 (16)
23.07.24'
ISIN
KZKD00001251
Volume
70 005,6 mln KZT
Yield
13,43 %
Maturity
2024 (6)
23.07.24'
ISIN
KZKD00000915
Volume
39 976,2 mln KZT
Yield
13,30 %
Maturity
700 (2)
23.07.24'
ISIN
KZKD00001111
Volume
37 500,0 mln KZT
Yield
13,35 %
Maturity
3827 (11)
23.07.24'
ISIN
KZKD00000543
Volume
46 186,3 mln KZT
Yield
13,27 %
Maturity
1345 (4)
16.07.24'
ISIN
KZKD00000931
Volume
45 539,8 mln KZT
Yield
13,33 %
Maturity
3138 (9)
16.07.24'
ISIN
KZKD00001087
Volume
55 890,0 mln KZT
Yield
13,45 %
Maturity
1695 (5)
16.07.24'
ISIN
KZKD00001244
Volume
43 155,2 mln KZT
Yield
13,49 %
Maturity
2376 (7)
16.07.24'
ISIN
KZKD00000758
Volume
39 105,1 mln KZT
Yield
13,39 %
Maturity
1054 (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

Go to the review

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
26.07.2024 1,2161470 0,1046564 0,1819808 0,0760000
27.07.2024 1,2084724 0,1210899 0,1542209 0,1160000
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
26.07.2024 1,2161470 0,1046564 0,1819808 0,0760000
27.07.2024 1,2084724 0,1210899 0,1542209 0,1160000
B0, B1, B2, TAU - parameters of the Nelson-Siegel model

GS index as of July 26, 2024

KZGB_CPm1m 964,24 ( +1,92)
KZGB_CP 993,67 ( +1,99)
KZGB_CPs 1 147,07 ( +1,42)
KZGB_CPm 973,71 ( +2,64)
KZGB_CPl 885,41 (-0,82)
KZGB_DPm1m 1 041,71 ( +2,28)
KZGB_DP 1 071,71 ( +2,38)
KZGB_DPs 1 243,65 ( +1,85)
KZGB_DPm 1 164,73 ( +3,39)
KZGB_DPl 1 055,37 (-0,61)
KZGB_Ym1m 13,01 (-0,04) % APR
KZGB_Y 13,04 (-0,03) % APR
KZGB_Ys 13,19 ( +0,02) % APR
KZGB_Ym 12,89 (-0,13) % APR
KZGB_Yl 12,84 ( +0,04) % 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 Freedom Bank Kazakhstan 0.0 0.0 0.0 0.0
23 TSBN 0.0 0.0 0.0 0.0