CJSC Development Bank of Kazakhstan, founded in 2001 and headquartered in Astana, is a key financial institution aimed at fostering economic development and modernization in Kazakhstan. The bank primarily focuses on providing long-term financing for various infrastructure and industrial projects, contributing to the country's growth and diversification.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DBKAZ 10.95% 2026-05-06 KZTCJSC Development Bank of Kazakhstan | Kazakhstan | 2026-05-06 | 10.950 | 17.53 |
| DBKAZ 10.95% 2026-05-06 KZTCJSC Development Bank of Kazakhstan | Kazakhstan | 2026-05-06 | 10.950 | 17.53 |
| DBKAZ 2.95% 2031-05-06 USDCJSC Development Bank of Kazakhstan | Kazakhstan | 2031-05-06 | 2.950 | 5.31 |
| DBKAZ 2.95% 2031-05-06 USDCJSC Development Bank of Kazakhstan | Kazakhstan | 2031-05-06 | 2.950 | 5.31 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, CJSC Development Bank of Kazakhstan has established a robust bond issuance program, starting in 2006 with its inaugural bond offering. Notably, in 2019, the bank issued bonds worth 100 billion KZT to support sustainable development projects, attracting significant investor interest. As of 2023, the bank's bonds offer competitive yields compared to industry standards, with features such as callable options that enhance their appeal. Recent news highlights the bank's initiative to align its bond offerings with green financing principles, further expanding its role in supporting Kazakhstan’s economic goals.