JSC Kazakhstan Sustainability Fund placed bonds on the Kazakhstan Stock Exchange on September 10, raising 9.7 billion tenge at a yield to maturity of 15.40% per annum.
The KZ2C00014884 bonds were offered with an annual coupon of 12.50% and a maturity date of September 10, 2027. The offering drew 12.2 billion tenge in active bids from three participants, with demand exceeding supply by 25%.