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KASE Online Issuer’s day dedicated to MO Kazakhstan Mortgage Company (KMC) JSC
On September 21, 2020, KASE held an online meeting as part of the "Issuer Day" with the company MO Kazakhstan Mortgage Company (KMC) JSC.
KMC as the originator, in association with Tengri Partners Investment Banking as the arranger of the transaction, presented the upcoming debut Residential mortgage-backed securities (RMBS) transaction in Kazakhstan. The RMBS market in the USA is valued at about USD11 trillion, and in Russia there are dozens of issues totaling about KZT10 billion.
Speakers, including the Chairman of the Management Board of KMC Adil Mukhamejanov and Chairman of the Management Board of Tengri Partners Investment Banking Anuar Ushbayev, reported in detail about the preparation and structure of the transaction, which is used by the best world practices, which should initiate the development of the mortgage bond securitization market in Kazakhstan.
The event was held on Zoom.
Presentation of Tengri Partners Investment Banking (in Russian).