/KASE, September 2, 2025/ – Development Bank of Kazakhstan JSC (KASE
ticker – BRKZ) reported the following:
quote
Development Bank of Kazakhstan JSC (a subsidiary of Baiterek Holding,
hereinafter referred to as DBK) placed Eurobonds in Chinese yuan for the first
time in Central Asia. The placement took place ahead of the visit of the President
of the Republic of Kazakhstan to China and attracted considerable interest from
investors.
The issue amounted to 2 billion yuan, with a maturity of 3 years and a yield of
3.35%.
The total volume of the order book reached 4.9 billion yuan, which is more than
2.5 times higher than the volume of the offering. In total, more than 60 bids were
submitted from major institutional investors, leading financial institutions in China,
and key market players, as well as major international organizations and a
number of global investment funds.
The proceeds from the placement will be used to support Kazakhstani
enterprises focused on exports to China. This financing mechanism provides
companies with access to resources to implement new contracts, expand
production capacity, and strengthen their positions in foreign markets.
unquote
This information is posted on –
https://kase.kz/files/emitters/BRKZ/brkz_relizs_020925_1.pdf
[2025-09-02]