/KASE, September 2, 2025/ – Development Bank of Kazakhstan JSC (KASE ticker – BRKZ) reported the following:

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Development Bank of Kazakhstan JSC (a subsidiary of Baiterek Holding, hereinafter referred to as DBK) placed Eurobonds in Chinese yuan for the first time in Central Asia. The placement took place ahead of the visit of the President of the Republic of Kazakhstan to China and attracted considerable interest from investors.

The issue amounted to 2 billion yuan, with a maturity of 3 years and a yield of 3.35%.

The total volume of the order book reached 4.9 billion yuan, which is more than 2.5 times higher than the volume of the offering. In total, more than 60 bids were submitted from major institutional investors, leading financial institutions in China, and key market players, as well as major international organizations and a number of global investment funds.

The proceeds from the placement will be used to support Kazakhstani enterprises focused on exports to China. This financing mechanism provides companies with access to resources to implement new contracts, expand production capacity, and strengthen their positions in foreign markets.

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[2025-09-02]