Kazakhstan Stock Exchange Announces Special Trading Session for Bonds Offering

Strategic Insights -

The Kazakhstan Stock Exchange (KASE) has announced that a special trading session for the offering of bonds KZMJ00002129 will be held on June 24, 2025. The bonds, issued by the local executive body of West Kazakhstan region, are worth KZT 2,900,555,000 and have a face value of KZT 1,000. The trading session will allow participants to purchase the bonds at a price determined by the exchange.

Key Takeaways:

  • The special trading session for the bonds offering will be held on June 24, 2025.
  • The bonds are issued by the local executive body of West Kazakhstan region and are worth KZT 2,900,555,000.
  • The face value of the bonds is KZT 1,000, and the bonds have a semi-annual coupon with an APR of 0.35%.
  • The trading session will be conducted in KASE's trading system, and orders will be collected from 14:00 to 15:30 o'clock, Astana time.
  • The lot size for the bonds is 1 piece, and the order volume must be the product of the number of bonds and the "dirty" price of one bond.
  • Only limit orders submitted to KASE's trading system by the closed method are accepted for trades.
  • The method of order execution will be at the single cut-off price, by the time of acceptance of offset orders.
  • Orders for participation in trades can be submitted only by members of KASE stock market, and other investors can apply through these legal entities.
  • The list of KASE stock market members is published on the KASE website at https://kase.kz/en/membership.
  • The rules for issue of securities for circulation on the local market by the local executive body of city of republican importance, capital, are published at https://kase.kz/files/mix/post_1520.pdf.
  • The Regulations on methods of conducting trades in trading and clearing systems are available at https://kase.kz/files/normative_base/methods_ASTS_eng.pdf.

Statistics:

  • Value of bonds: KZT 2,900,555,000
  • Face value of bonds: KZT 1,000
  • APR: 0.35%
  • Trade time: 14:00-15:30 o'clock, Astana time, on June 24, 2025
  • Lot size: 1 piece
  • Order volume: Product of number of bonds and "dirty" price of one bond

Sources:

  • Kazakhstan Stock Exchange announcement
  • KASE website (https://kase.kz/en/membership)
  • KASE website (https://kase.kz/files/mix/post_1520.pdf)
  • KASE website (https://kase.kz/files/normative_base/methods_ASTS_eng.pdf)