/KASE, May 18, 2023/ – Microfinance Organization "KMF" LLP (Almaty), whose
bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided
KASE with the following press release dated May 18, 2023:
On May 16, 2023, Microfinance Organization "KMF" LLP (hereinafter – "KMF")
successfully completed the initial placement of the second bond issue in a row
in a nominal amount of 10 billion tenge and a period of 1 year. Halyk Finance
JSC acted as financial consultant and underwriter of this placement.
A wide range of Kazakh investors showed interest in the placement. A total of 74
orders were submitted during the trades on KASE, of which 70 were submitted by
retail investors. The total aggregate market demand amounted to 10.1 billion
tenge. The subject of the trade was the coupon interest rate, which, according
to the results of the trades, made up 20 % per annum. In the total volume of
orders received during the auction, insurance companies accounted for 65.4 %,
brokerage companies – for 29.7 % and individuals – for 4.8 %. As a result of
the placement, KMF raised 10 billion tenge.
The full version of the press release is available on –