Development Bank of Kazakhstan raised KZT 1.0 bn on KASE via subscription, by placing on October 8 three-year international bonds XS3204113867, US48129VAF31 (BRKZe23) at yield of 18.40 % APR
/KASE, October 16, 2025/ – As announced earlier, on October 8, 2025 an initial offering of international bonds XS3204113867, US48129VAF31 (KASE main market, "bonds" category, BRKZe23) 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: 1
Number of orders submitted (all / active ones): 3 / 1
Volume of active orders*, mln tenge: 1,000.0
Volume of active orders, mln USD: 1.8
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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.
The total volume of active orders came from banks.
OFFERING RESULTS:
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Volume of orders executed, bonds: 1,000,000,000
Volume of orders executed, tenge: 996,178,205.5
Volume of orders executed, USD: 1,846,278.8
Number of orders executed: 1
Number of participants, whose orders 1
were executed:
Yield of bonds to maturity for buyer, % APR: 18.4000
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According to the Central Securities Depository JSC (Almaty), the deal based on the results of subscription to said bonds has been settled by the time of publication of this information, the subscription has been completed.
[2025-10-16]