Investment idea on bonds: JSC "Kazakhstan Housing Company"

JSC «Kazakhstan Housing Company» (KHC) – is the sole operator of housing construction in Kazakhstan, part of the «Baiterek» holding. The company specializes in financing housing construction, providing guarantees for the completion of apartment buildings, implementing rental housing with the right to purchase, and subsidizing mortgage loan rates for the population. The company's assets as of June 30, 2026, amounted to approximately 1.94 trillion tenge, and net profit for the first two quarters of 2026 was 24.8 billion tenge.

Minimum lot – 1,000 KZT
Circulating volume – 50 billion KZT
Indicative yield – 16.1%
Circulation period – 09.16.2026-09.16.2030 (4 years)
Coupon rate will be determined following the first trading session
Coupon payment – once a year