National Investment Holding "Baiterek" successfully placed Eurobonds

8 May 2026

Halyk Finance informs about the successful placement of Eurobonds by the National Investment Holding "Baiterek" with a nominal volume of 500 million US dollars and a term of 7 years. 

The order book was opened on April 28, 2026. The settlement of the transaction took place on May 6, 2026. Halyk Finance acted as the local organizer of the Eurobond issue by NIH "Baiterek".

On the territory of the Republic of Kazakhstan, order collection was conducted through subscription at JSC "Kazakhstan Stock Exchange" (KASE). 

The placement of Eurobonds was accompanied by high demand from international and Kazakhstani investors, exceeding the supply by more than 1.6 times. As a result, the final yield to maturity was 5.375% per annum, and the coupon rate was 5.2% per annum. 

Following the placement of Eurobonds by NIH "Baiterek", investor orders submitted through subscription on KASE were satisfied in the nominal amount of 18 million US dollars.

The listing of Eurobonds by NIH "Baiterek" was carried out on KASE and the Vienna Stock Exchange (Vienna MTF).
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JSC "Halyk Finance" – a subsidiary of Halyk Bank, holding leading positions in the securities market in the segments of brokerage services, asset management, and investment banking. The company provides a full range of investment banking services, including financial consulting and underwriting, corporate financing services, brokerage services and securities trading, market-making services on the trading platforms of KASE and AIX, investment portfolio management, as well as regular analytical services. The company is the first and only broker-dealer in Kazakhstan to have received an international investment-grade credit rating ("BBB-" from the international rating agency "Fitch Ratings"). 

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