Volume of trading in government securities in March amounted to 954.5 bn tenge ($1.9 bn)
/KASE, April 4, 2025/ – Kazakhstan Stock Exchange (KASE) presents the results of government securities (GS) trading for March 2025.
According to the results of March, the total volume of GS trading on KASE amounted to 954.5 bn tenge ($1.9 bn), with a total of 400 transactions concluded. The average daily trading volume amounted to 56.4 bn tenge (on the secondary market – 20.0 bn tenge), the average daily number of transactions – 24 (on the secondary market – 18), the average volume of one transaction – 2.4 bn tenge (on the secondary market – 1.1 bn tenge).
On the primary market in March, 89 transactions were concluded for a total of 614.4 bn tenge ($1.2 bn):
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Placement
date Trade Trade Demand Wght. Current
Ticker volume, volume, to supply avg. yield, % maturity, years
ISIN bn KZT mln USD
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
04.03.2025 MUM084_0020 KZKD00001285 35.0 70.1 110.0 % 14.60 7.0
MUM108_0015 KZKD00001277 31.5 63.1 102.5 % 14.50 9.0
MUM180_0008 KZKD00000659 10.7 21.4 162.5 % 14.61 2.6
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
11.03.2025 MKM012_0160 KZK100000373 27.8 56.3 97.0 % 15.26 0.9
MUM072_0015 KZKD00001251 3.6 7.3 14.1 % 15.20 5.0
MUM084_0020 KZKD00001285 36.1 72.9 77.5 % 14.60 7.0
MUM180_0009 KZKD00000717 2.4 4.8 30.0 % 15.30 3.7
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
18.03.2025 MUM084_0019 KZKD00001244 58.7 117.6 73.2 % 15.24 5.9
MUM108_0015 KZKD00001277 12.0 24.0 112.1 % 14.30 9.0
MUM180_0008 KZKD00000659 18.6 37.3 161.2 % 15.50 2.6
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
26.03.2025 MTM060_0001 KZKT00000032 8.3 16.5 68.0 % 15.34 2.6
MUM072_0015 KZKD00001251 26.9 53.5 56.3 % 15.37 4.9
MUM108_0015 KZKD00001277 30.5 60.7 100.0 % 14.30 8.9
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
27.03.2025 MUM156_0005 KZKD00000758 55.8 111.2 103.8 % 15.60 2.2
MUX072_0003 KZKB00000040 60.0 119.6 100.0 % Inflation 6.0
+2.50
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
28.03.2025 MUM084_0020 KZKD00001285 70.6 141.7 100.0 % 14.60 6.9
MUM120_0020 KZKD00001269 80.9 162.4 101.9 % 14.10 9.9
MUM132_0007 KZKD00001152 45.0 90.2 103.4 % 14.60 7.3
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
TOTAL 614.4 1,230.7
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In terms of the main categories of investors on the primary market, banks accounted for 8.9 %, other institutional investors – for 89.0 %, and other legal entities – for 2.0 %. Non-residents did not participate in trading on the primary government securities market in March.
On the secondary market, 311 transactions were concluded in March for a total of 340.1 billion tenge ($684.8 million):
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Ticker Trade Trade Deals, Yield on last
volume, volume, pcs. deal, %
ISIN Currency bn KZT mln USD
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GS RK
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MUM084_0018 KZKD00001137 KZT 74.6 150.3 9 14.05
MUM096_0013 KZKD00001202 KZT 56.0 113.2 4 14.10
MUM108_0014 KZKD00001236 KZT 52.8 106.7 4 14.10
NTK028_2860 KZW100014262 KZT 40.7 81.5 24 14.10
MUM096_0014 KZKD00001228 KZT 31.4 63.4 2 14.10
MUM120_0019 KZKD00001129 KZT 14.7 29.6 15 14.60
MUM132_0007 KZKD00001152 KZT 12.2 24.6 10 14.60
MUM216_0002 KZKD00001079 KZT 10.6 21.5 7 13.92
KZ_23_3504 XS2914770545 USD 5.1 10.1 6 4.84
MUM300_0003 KZKD00000857 KZT 4.3 8.7 1 14.10
MUM120_0018 KZKD00000907 KZT 4.1 8.3 12 13.70
MUM180_0016 KZKD00001194 KZT 4.0 8.2 12 14.10
MOM048_0054 KZK200000729 KZT 3.9 7.8 2 14.50
MUM084_0019 KZKD00001244 KZT 3.8 7.7 3 14.00
MUM072_0013 KZKD00001145 KZT 3.6 7.0 3 14.15
MUM096_0011 KZKD00001095 KZT 2.9 5.9 5 15.50
MUM144_0009 KZKD00001178 KZT 2.8 5.6 4 13.50
MUM300_0002 KZKD00000774 KZT 2.3 4.6 19 14.05
MUM180_0013 KZKD00000931 KZT 2.2 4.4 2 13.25
MUM168_0005 KZKD00001111 KZT 2.0 4.0 17 13.85
MUM108_0013 KZKD00001087 KZT 1.5 3.0 8 14.00
MOM024_0088 KZK200000752 KZT 1.1 2.1 3 14.45
MOM060_0054 KZK200000737 KZT 1.0 2.1 5 13.65
MUM180_0015 KZKD00001186 KZT 0.6 1.2 10 14.10
MUM156_0007 KZKD00001103 KZT 0.5 1.0 15 13.80
MUM072_0014 KZKD00001210 KZT 0.2 0.4 10 14.00
MUM216_0001 KZKD00000972 KZT 0.2 0.4 22 14.05
MUM120_0020 KZKD00001269 KZT 0.2 0.4 1 14.10
MUM300_0001 KZKD00000725 KZT 0.1 0.2 13 14.05
MUM240_0002 KZKD00000741 KZT 0.1 0.1 7 14.10
KZ_06_4410 XS1120709826 USD <0.1 0.1 8 5.00
MUM180_0006 KZKD00000535 KZT <0.1 <0.1 3 14.10
MUM180_0012 KZKD00000840 KZT <0.1 <0.1 2 12.65
KZ_07_2507 XS1263054519 USD <0.1 <0.1 1 5.10
MOM048_0052 KZK200000687 KZT <0.1 <0.1 2 13.80
MUM132_0006 KZKD00000873 KZT <0.1 <0.1 2 14.50
MUM240_0001 KZKD00000550 KZT <0.1 <0.1 4 15.50
MUM156_0005 KZKD00000758 KZT <0.1 <0.1 5 15.00
MUM120_0016 KZKD00000865 KZT <0.1 <0.1 1 15.65
MOM048_0053 KZK200000711 KZT <0.1 <0.1 8 13.60
MUM108_0012 KZKD00000915 KZT <0.1 <0.1 1 13.70
MUM192_0002 KZKD00000543 KZT <0.1 <0.1 3 13.50
MUM180_0011 KZKD00000790 KZT <0.1 <0.1 3 14.20
MUM168_0003 KZKD00000949 KZT <0.1 <0.1 1 12.85
MUM156_0006 KZKD00000964 KZT <0.1 <0.1 1 13.50
----------- ------------ -------- ------- ------- ------ -------------
TOTAL 339.8 684.2 300
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Government securities of foreign issuers
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US_06_3011 US91282CAV37 USD 0.1 0.1 2 4.29
US135_2511 US91282CJL63 USD 0.1 0.1 4 4.07
SA_05_2704 XS1599284202 USD 0.1 0.1 1 0.00
HK_01_2702 XS1555404786 USD 0.1 0.1 1 0.00
AT_01_2006 AT0000A2HLC4 EUR <0.1 0.1 3 2.50
----------- ------------ -------- ------- ------- ------ -------------
TOTAL 0.3 0.6 11
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In terms of the main categories of investors in the secondary market, banks accounted for 39.5 %, broker-dealer organizations accounted for 0.4 %, other institutional investors accounted for 3.6 %, other legal entities accounted for 53.6 %, and individuals accounted for 2.8 %. Non-resident participation is estimated at 43.9 %.
According to the results of March, government securities indices demonstrated the following changes:
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Change
Value for month,
as of 31.03.25 tenge / b.p.
------------------------------------------ -------------- ------------
Indices of "clean" prices, tenge
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KZGB_CPs with maturity of up to 1 year 1,157.72 -0.73
KZGB_CPm with maturity of 1 to 5 years 949.59 -39.34
KZGB_CPl with maturity of over 5 years 829.34 -71.91
KZGB_CPm1m with maturity of 31 days and up 919.54 -66.43
KZGB_CP without segmentation term 945.52 -72.86
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Indices of "dirty" prices, tenge
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KZGB_DPs with maturity of up to 1 year 1,323.02 +9.93
KZGB_DPm with maturity of 1 to 5 years 1,200.22 -40.36
KZGB_DPl with maturity of over 5 years 1,054.24 -79.80
KZGB_DPm1m with maturity of 31 days and up 1,069.27 -61.50
KZGB_DP without segmentation term 1,083.38 -72.08
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Yield indices, %
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KZGB_Ys with maturity of up to 1 year 13.85 +44.00
KZGB_Ym with maturity of 1 to 5 years 14.58 +186.00
KZGB_Yl with maturity of over 5 years 14.43 +189.00
KZGB_Ym1m with maturity of 31 days and up 14.59 +188.00
KZGB_Y without segmentation term 14.65 +197.00
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As of April 1, 2025, in the "Government Securities" sector of KASE there were 114 issues of bonds of the Ministry of Finance of the Republic of Kazakhstan, including 102 issues of MEKAM and 12 issues of Eurobonds, one issue of notes of the National Bank of the Republic of Kazakhstan, 185 issues of bonds of local executive bodies and 67 issues of bonds of foreign states.
[2025-04-04]