Astana International Exchange (“AIX”, “Exchange”) is pleased to announce that the Government of the Republic of Kazakhstan, represented by the Ministry of Finance, has issued and placed Russian RUB-denominated bonds on AIX and Moscow Exchange (MOEX). These four series amounted 10 bln Rubles each with maturity in 2026, 2028, and 2031 respectively. 7.76 bln Rubles (equivalent to 107 mln USD) were raised on AIX.
First Heartland Securities (FHS), has been mandated to lead the offering on AIX.
Renat Bekturov, CEO of AIX, stated:
“We are proud to serve as a local listing venue for the issuance of the Sovereign bonds. We assume that this benchmark bond offering shall pave the way for other Kazakhstani corporate issuers to tap the market and will help the Government to achieve the strategic goals to diversify the FX basket of the sovereign debt and broaden the investor base.”
