In recent years, investors all over the world have become more focused on ESG criteria in making investment decisions. As a result, many businesses have begun to integrate ESG into their operations and business strategies. AIX is pleased to be in line with this trend, providing an opportunity to invest in sustainable development through its range of available products.

AIX expanded the range of responsible financing products by introducing ESG-Labelled Bonds.

On December 5, 2022, AIX introduced a new chapter to the AIX Business Rules on the issuance and listing of ESG-Labelled Bonds using an “open architecture” structure. This structure gives issuers flexibility to attract responsible financing for their sustainability-linked projects through a wider range of instruments under internationally recognized standards. The ESG-Labelled Bonds may include social, sustainable, and other ESG-labelled bonds such as blue bonds, transition bonds, and sustainability-linked bonds on AIX.

In November 2023, Almaty Power Plants JSC (AlES), a subsidiary of Samruk-Energo JSC, the largest electric power holding in Kazakhstan, registered a KZT 236.8 billion ESG Bond Programme on AIX to finance the reconstruction of the Almaty СHP plant. 

In November 2021, “Samruk-Energy” JSC, a 100% subsidiary of Sovereign Wealth Fund “Samruk-Kazyna” JSC, listed its debut Green Bond on AIX in the amount of KZT 18.4 bn, maturing in November 2028, with a coupon rate of 11.40%. The full amount was raised on AIX via book-building.

In August 2020, Damu Entrepreneurship Development Fund listed Kazakhstan’s first-ever green bonds on AIX as part of an agreement with UNDP to promote investment in renewable energy sources as risk-free. The green coupon bonds are worth KZT 200 mln and are due to mature in 36 months.

The purpose of the bonds was to provide loans to local companies working with renewable energy.