Development Bank of Kazakhstan raised $31.1 mln on KASE via subscription, by placing on October 8 five-year international bonds XS3204113354, US48129VAG14 (BRKZe22) at yield of 4.85 % APR
/KASE, October 16, 2025/ – As announced earlier, on October 8, 2025 an initial offering of international bonds XS3204113354, US48129VAG14 (KASE main market, "bonds" category, BRKZe22) of Development Bank of Kazakhstan JSC was conducted in the trading system of Kazakhstan Stock Exchange (KASE) by way of subscription to them. Below are the bid parameters and results of the subscription on KASE.
ForteFinance JSC acted as Kazakhstan manager on KASE during the subscription for these bonds.
BID PARAMETERS:
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Number of participants: 6
Number of orders submitted (all / active ones): 11 / 8
Volume of active orders*, mln USD: 48.1
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* active orders – orders not annulled by trade participants at expiry
of order submission period including those confirmed by Confirmation System
participants.
In the total volume of active orders, banks accounted for 96.7 %, other
institutional investors – for 3.3 %.
OFFERING RESULTS:
------------------------------------------------------------------------ Volume of orders executed, bonds: 31,500,000 Volume of orders executed, USD: 31,138,380.0 Number of orders executed: 3 Number of participants, whose orders 3 were executed: Yield of bonds to maturity for buyer, % APR: 4.8500 ------------------------------------------------------------------------
The total volume during the offering was purchased by banks.
According to the Central Securities Depository JSC (Almaty), deals based on the results of subscription to said bonds have been settled by the time of publication of this information, the subscription has been completed.
[2025-10-16]