Development Bank of Kazakhstan, founded in 2001 and headquartered in Astana, primarily aims to facilitate sustainable development in Kazakhstan's economy through financial support and investment. The bank specializes in providing long-term financing for infrastructure projects, industry development, and fostering private-sector investment.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DBKAZ 10.75% 2025-02-12 KZTDevelopment Bank Of Kazakhstan | Kazakhstan | 2025-02-12 | 10.750 | 0.00 |
| DBKAZ 13.00% 2027-04-15 KZTDevelopment Bank Of Kazakhstan | Kazakhstan | 2027-04-15 | 13.000 | 17.84 |
| DBKAZ 5.50% 2027-04-15 USDDevelopment Bank Of Kazakhstan | Kazakhstan | 2027-04-15 | 5.500 | 4.59 |
| DBKAZ 5.50% 2027-04-15 USDDevelopment Bank Of Kazakhstan | Kazakhstan | 2027-04-15 | 5.500 | 4.59 |
| DBKAZ 5.75% 2025-05-12 USDDevelopment Bank Of Kazakhstan | Kazakhstan | 2025-05-12 | 5.750 | 0.00 |
| DBKAZ 5.75% 2025-05-12 USDDevelopment Bank Of Kazakhstan | Kazakhstan | 2025-05-12 | 5.750 | 0.00 |
| DBKAZ 6.00% 2026-03-23 USDDevelopment Bank Of Kazakhstan | Kazakhstan | 2026-03-23 | 6.000 | 6.15 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Development Bank of Kazakhstan has been actively issuing bonds since its inception, with its first bond issuance taking place in 2005. Over the years, significant issuances include the 2010 10-year bonds totaling $500 million, which were aimed at funding vital infrastructure projects. As of 2023, current yields on the bank's bonds align closely with industry standards, reflecting stable market conditions. The bank also features bonds with specific provisions for early redemption, allowing investors greater flexibility. Recent reports indicate increases in demand for their bonds as institutional investors seek safe and stable options amidst market volatility.