Kazakhstan’s Alatau City Bank, controlled by businessman Vyacheslav Kim, will start trading $50 million in commercial paper on the Astana International Exchange on September 15, 2026.
The issue consists of 50,000 papers denominated in US dollars with a nominal value of $1,000 each. The placement price is set at 95.24% of the nominal value, or $952.40 per paper. Investor returns will come from the difference between the purchase price and the nominal value paid upon redemption on September 15, 2027. There are no coupon payments.
