Kazakh regions, cities raise KZT 200 billion from 17 bond issues

By Marisa Wong

Los Angeles, June 25 – Local executive bodies of 14 regions and three cities in Kazakhstan placed KZT 200 billion of bonds at special trading sessions held on Thursday, according to a Kazakhstan Stock Exchange notice.

Each of the bond issues has a face value of KZT 1,000 and a maturity of 119 months.

The following bonds were sold at the special trading sessions:

• KZT 7.6 billion of bonds for the Pavlodar region;

• KZT 4.1 billion of bonds for the Atyrau region;

• KZT 14.2 billion for the Kostanay region;

• KZT 29.2 billion for the Turkistan region;

• KZT 13.4 billion for the city of Nur-Sultan;

• KZT 8.1 billion for the Kyzylorda region;

• KZT 8 billion for the city of Almaty;

• KZT 16.1 billion for the Almaty region;

• KZT 5.9 billion for the West Kazakhstan region;

• KZT 14.5 billion for the Karagandy region;

• KZT 11.4 billion for the Aktobe region;

• KZT 6.3 billion for the Mangystau region;

• KZT 6.6 billion for the North Kazakhstan region;

• KZT 8.1 billion for the Akmola region;

• KZT 24.7 billion for the East Kazakhstan region;

• KZT 9.5 billion for the Jambyl region; and

• KZT 12.3 billion for the city of Shymkent.

The bonds were issued to fund events related to the implementation of the government employment program for 2020-2021.

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