EDB plans to place its bonds in Kazakhstan before the end of the year

14 December 2012

Almaty, 14 December 2012. Eurasian Development Bank (EDB) has had a series of meetings with Kazakhstan’s investors in the run-up to the planned placement of its tenge bonds in the framework of its registered bond programme.

The first issue (KZP01Y05E384) to the tune of up to 20 billion tenge is expected to be placed before the end of this year. The proceeds will be used to finance the Bank’s investment projects in Kazakhstan.

Additional Information

Eurasian Development Bank is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth and the expansion of mutual trade and other economic ties in its member states. EDB’s charter capital exceeds US $1.5 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan. Read more at https://www.eabr.org.

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