Kazakhstan Stock Exchange Holds Special Trading Sessions for Government Long-term Treasury Bonds

Strategic Insights -

The Kazakhstan Stock Exchange (KASE) announced the results of two special trading sessions for government long-term treasury bonds of the Ministry of Finance of the Republic of Kazakhstan (MEUKAM) held on June 17, 2025. The offering terms specified a declared offering volume of 60 million KZT, with a current maturity of 8.7 years and a trade date of June 10, 2025. The special trading session on additional offering was declared invalid due to a lack of active orders.

Key Takeaways:

  • The offering terms included a declared offering volume of 60 million KZT, with a current maturity of 8.7 years.
  • The special trading session on additional offering was declared invalid due to a lack of active orders.
  • The total volume of active orders fell on institutional investors.
  • The "clean" price in orders executed was 100.7662% of face value, and the yield of bonds to maturity for the buyer was 14.3000% APR.
  • The total volume of MEUKAM KZKD00001277 amounted to 155,318,235 bonds with a par value of 155,318,235,000 tenge.
  • Settlements on the offering will be carried out according to the T+2 scheme.
  • The bonds will be admitted to circulation on KASE's secondary market under the trade code specified in the table on the next working day after the day of fulfillment of obligations under deals.

Statistics:

  • Declared offering volume: 60 million KZT
  • Current maturity: 8.7 years
  • Trade date: June 10, 2025
  • Volume of active orders: 2,098.3 million tenge
  • Number of participants: 1
  • Number of orders executed: 1
  • Price of executed orders: 100.7662% of face value
  • Yield of bonds to maturity for buyer: 14.3000% APR
  • Total volume of MEUKAM KZKD00001277: 155,318,235 bonds

Sources:

  • Kazakhstan Stock Exchange (KASE) announcement, June 17, 2025