Subscription to international bonds XS3353982385 (TMJLe8) of NC Kazakhstan temir zholy on April 22 at KASE was declared invalid
/KASE, April 30, 2026/ – As previously reported, on April 22, 2026, the primary placement of international bonds XS3353982385 (KASE main market , category "bonds", TMJLe8; $500.0 mln; 29.04.26 – 29.04.36; 30/360) of NC Kazakhstan temir zholy JSC was held in the trading system of Kazakhstan Stock Exchange (KASE) by way of subscription to them. Bid parameters and subscription results are provided below.
Teniz Capital Investment Banking JSC acted as the seller during the subscription to the said bonds on KASE.
BID PARAMETERS:
----------------------------------------------- --------------- Number of participants: 3 Number of orders submitted (all / active ones), 4 / 3 including: – limit 4 / 3 – market: 0 / 0 "Net" price for submitted bids, % of par value (for all/active): – minimum 100.0000 – maximum 100.0000 – weighted average 100.0000 Yield on the orders submitted, % per annum (on all/active ones): – minimum 5.5000 – maximum 6.2500 – weighted average 5.9250 / 6.0000 --------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants.
The entire volume of active orders came from legal entities.
The total demand amounted to 15 million US dollars.
This subscription to KASE was declared invalid due to the unsatisfactory price for the submitted orders.
[2026-04-30]