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KASE Issuer's Day dedicated to the Housing Construction Savings Bank of Kazakhstan
Kazakhstan Stock Exchange (KASE) held a meeting of the management of the Housing Construction Savings Bank of Kazakhstan with investors on July 10, 2019 on the occasion of the planned placement of coupon bonds as part of Issuer’s Day.
Zhilstroysberbank (a subsidiary of the Bayterek Holding) planned to place coupon bonds worth KZT20 billion on the Kazakhstan Stock Exchange to finance existing and new housing programs. The bond yield was 9.5%-10.5% APR. The maturity of securities was 7 years. The trading on KASE was held on July 17, 2019.
The purpose of the Issuer’s Day on KASE is to increase interest in the issuer among investors and establish feedback from its shareholders. Such events are held on a permanent basis for all KASE issuers whose securities are liquid and, accordingly, in respect of which the investors may have questions.