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]Book-building of governmental Eurobonds has been completed on AIX
12.11.2018
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AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, the Shanghai stock exchange, the Silk Road Fund, and NASDAQ, which also provides the AIX trading platform. The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment. The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing to private and public businesses. AIX develops special segments for mining companies as well as infrastructure projects under the Belt and Road initiative. www.aix.kz
The Astana International Financial Centre (AIFC) is an independent jurisdiction that started (AIFC) is an independent jurisdiction with a favourable legal and regulatory environment and a developed infrastructure for starting and doing business, attracting investment, creating jobs and developing Kazakhstan’s economy. https://aifc.kz/
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 18 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. By 2025, the EDB’s cumulative portfolio comprised 305 projects with a total investment of US $16.5 billion. The Bank’s portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing, and mechanical engineering. The Bank’s operations are guided by the UN Sustainable Development Goals and ESG principles.