Book-building of governmental Eurobonds has been completed on AIX

12 November 2018

Book-building of governmental Eurobonds has been completed on AIX

The Astana International Exchange (AIX) is pleased to announce that the Government of the Republic of Kazakhstan, represented by the Ministry of Finance of the Republic of Kazakhstan conducted a book-building of an inaugural EUR-denominated Eurobonds Offering on AIX platform. The offering consisted of bonds amounting to 525 mln Euro maturing in 2028 year and with coupon rate of 2.375% per annum. BCC Invest was a Kazakhstan Lead Manager for this issue. As the first Eurobonds offering since 2015, this marks a return of Kazakhstan to the international markets renewing interest amongst the international investors’ community.

Timothy Bennett, CEO of AIX commented:

“The offering on AIX demonstrates government commitment to the new platform and at the same time, encourages both bankers and brokers to participate in AIX. Fixed income will continue to be the most important source of capital, particularly in the current market environment. A key component of this capital market development is AIX. We provide both an internationally recognised platform for issuers and will offer a range of different investment options for both local and international investors.”

AIFC. AIFC was established on the initiative of the President of the Republic of Kazakhstan Nursultan Nazarbayev. In December 2015 President Nazarbayev approved the Constitutional Statute “On the Astana International Financial Centre” (AIFC). The aim of the AIFC is to establish a leading international centre for financial services. The objectives of the AIFC are to attract investment into the economy through the establishment of an attractive environment for investment in financial services, develop local capital markets, ensuring their integration with the international capital markets. www.aifc.kz

 AIX. Astana International Exchange (AIX) was formed in 2018 as part of the development of the Astana International Financial Centre, AIFC.  AIX’s shareholders include AIFC, Goldman Sachs, Shanghai Stock Exchange, the Silk Road Fund and NASDAQ, which also provides AIXs trading platform. www.aix.kz

Media contact:

Yelena Pak
AIX Head of Communications
+77172235394
[email protected]