Halyk Finance becomes leader in ranking of organizers of market bond issues in Kazakhstan according to the agency Cbonds

29.01.21 11:57
/KASE, January 29, 2021/ – Subsidiary organization of Halyk Bank of Kazakhstan Halyk Finance (Almaty, in the heading – Halyk Finance), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated January 27, 2021: quote Based on results of 2020, Halyk Finance, a subsidiary of Halyk Bank of Kazakhstan (hereinafter – Halyk Finance), JSC took the 1st place in the ranking of organizers of market bond issues in Kazakhstan according to the Cbonds news agency. During 2020, Halyk Finance became the organizer of the offering of 16 market bond issues of Kazakhstan for 6 issuers for a total of KZT473.9 bn, which corresponds to a market share of 41.1%. According to the general ranking of Kazakhstan's bond offerings (including market and non-market offerings), based on results of 2020, Halyk Finance took the 2nd place with a market share of 27.6%, having successfully organized bond offerings for a total of KZT633.9 bn with the largest number of issues and issuers, which amounted to 19 issues and 7 issuers, respectively. Thus, in 2020, Halyk Finance became the leader not only in terms of the volume of market offerings, but also in terms of the total number of issues and issuers in the debt capital market of Kazakhstan. The clients of Halyk Finance who successfully placed bonds in 2020 are such major issuers as Eurasian Development Bank, Sovereign Wealth Fund "Samruk- Kazyna" JSC, National managing holding "Baiterek" JSC, Development Bank of Kazakhstan JSC, Kazakhstan Sustainability Fund JSC, KazAgroFinance JSC, Industrial Development Fund JSC. unquote The complete press release is available on KASE website – https://kase.kz/files/emitters/HFIN/hfin_reliz_270121_1.pdf [2021-01-29]