ASTANA, Kazakhstan, April 4. The Eurasian
Development Bank (EDB) has placed three-year US dollar-denominated
bonds on the Kazakhstan Stock Exchange (KASE), raising a total of
$121.6 million, Trend
reports via the bank.
The coupon rate was set at 5.35% per annum, or 150 basis points
above three-year US Treasury notes.
According to the EDB, the offering attracted strong interest
from both institutional and private investors, with demand
exceeding supply by more than 20 percent, highlighting market
confidence in the EDB’s credit strength and regional strategy.
The proceeds will be directed toward financing investment
projects across the Bank’s member states, including infrastructure,
energy, transport, and industry. Details of current projects are
available on the EDB’s website.
Halyk Finance JSC acted as the initiator and joint underwriter,
alongside Alatau City Invest JSC and Forte Finance JSC.
The Eurasian Development Bank is a multilateral development
institution operating in Eurasia. Over the past 20 years, it has
supported economic integration and development across its member
countries. As of the end of December 2025, the Bank’s cumulative
portfolio included 326 projects totaling $19.6 billion. The
portfolio mainly focuses on projects with strong integration impact
in transport infrastructure, digital systems, green energy,
agriculture, manufacturing, and mechanical engineering.
The Bank is currently implementing three major projects under
its 2022–2026 Strategy: the Eurasian Transport Network, the
Eurasian Agricultural Goods Distribution System, and the Central
Asian Water and Energy Complex.
