Volume of trading in government securities in February amounted to 670.5 bn tenge ($1.3 bn)
/KASE, March 11, 2025/ – Kazakhstan Stock Exchange (KASE) presents the results of trading in government securities (GS) for February 2025.
According to the results of February, the total volume of government securities trading on KASE amounted to 670.5 bn tenge ($1.3 bn), with a total of 681 transactions concluded. The average daily trading volume amounted to 33.5 bn tenge (on the secondary market – 7.8 bn tenge), the average daily number of transactions – 34 (on the secondary market – 29), the average volume of one transaction – 1.0 bn tenge (on the secondary market – 0.3 bn tenge).
In February, 104 transactions were concluded on the primary market for a total of 514.5 bn tenge ($1.0 bn):
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Placement
date Trade Trade Demand Wght. Current
Ticker volume, volume, to supply avg. yield, % maturity, years
ISIN bn KZT mln USD
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
04.02.2025 MKM012_0160 KZK100000373 24.5 46.9 x2.5 13.75 0.9
MUM096_0011 KZKD00001095 12.3 23.6 64.1 % 14.00 3.7
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
11.02.2025 MUM096_0012 KZKD00001160 19.0 37.1 104.3 % 14.15 4.4
MUM120_0020 KZKD00001269 21.0 41.1 30.7 % 14 ,00 10.0
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
18.02.2025 MUM180_0007 KZKD00000618 42.8 85.8 158.6 % 14.04 2.6
MUM180_0011 KZKD00000790 24.8 49.8 146.6 % 14.15 4.5
MUM216_0002 KZKD00001079 44.6 89.5 106.9 % 14.02 11.9
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
21.02.2025 MKM012_0160 KZK100000373 52.1 104.2 x2.6 13.90 0.9
MUM132_0007 KZKD00001152 46.7 93.5 109.0 % 14.10 7.4
MUM180_0016 KZKD00001194 59.8 119.7 119.2 % 14.10 11.9
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
25.02.2025 MKM012_0160 KZK100000373 78.4 156.0 162.7 % 13.97 0.9
MUM084_0019 KZKD00001244 45.3 90.1 100.9 % 14.45 6.0
MUM120_0020 KZKD00001269 20.7 41.2 30.7 % 14.10 10.0
MUM180_0009 KZKD00000717 22.4 44.6 177.2 % 14.35 3.8
-------------- ----------- ------------ ------- ------- --------- ------------- ---------------
TOTAL 514.5 1,023.1
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In terms of the main categories of investors in the primary market, banks accounted for 27.0 %, other institutional investors – for 72.3 %, and other legal entities – for 0.7 %. The share of non-residents in trading on the primary government securities market was less than 0.1 %.
In February, 577 transactions were concluded on the secondary market for a total of 156.1 bn tenge ($302.2 mln):
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Ticker Trade Trade Deals, Yield on last
volume, volume, pcs. deal, %
ISIN Currency bn KZT mln USD
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GS RK
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NTK028_2859 KZW100014254 KZT 49.0 94.1 25 14.7
MUM120_0019 KZKD00001129 KZT 14.1 27.8 13 13.5
MUM096_0013 KZKD00001202 KZT 9.1 17.4 8 13.3
MUM096_0012 KZKD00001160 KZT 8.0 15.5 11 12.6
MUM084_0018 KZKD00001137 KZT 7.3 14.0 6 14.3
MUM096_0014 KZKD00001228 KZT 6.7 12.9 3 12.3
MUM300_0002 KZKD00000774 KZT 5.3 10.1 21 12.3
KZ_07_2507 XS1263054519 USD 4.5 8.8 7 4.6
MOM048_0053 KZK200000711 KZT 4.5 8.7 3 13.9
MUM084_0019 KZKD00001244 KZT 3.9 7.6 19 12.6
MUM096_0011 KZKD00001095 KZT 3.8 7.3 11 12.7
MUM168_0005 KZKD00001111 KZT 3.5 6.8 17 12.7
MUM072_0015 KZKD00001251 KZT 3.5 6.9 16 12.6
MUM300_0003 KZKD00000857 KZT 3.2 6.1 10 12.0
MOM048_0054 KZK200000729 KZT 2.9 5.7 5 13.9
MUM156_0005 KZKD00000758 KZT 2.8 5.5 13 13.5
KZ_23_3504 XS2914770545 USD 2.8 5.4 12 4.8
MUM180_0006 KZKD00000535 KZT 2.2 4.4 4 13.9
MUM132_0007 KZKD00001152 KZT 2.1 4.0 23 12.7
MOM060_0052 KZK200000679 KZT 1.9 3.7 5 12.5
MOM024_0088 KZK200000752 KZT 1.6 3.1 4 14.5
MUM240_0001 KZKD00000550 KZT 1.5 2.9 4 13.5
MUM108_0013 KZKD00001087 KZT 1.4 2.6 13 12.7
MOM048_0052 KZK200000687 KZT 1.4 2.7 22 12.5
MUM120_0016 KZKD00000865 KZT 1.2 2.3 8 14.8
MUM132_0006 KZKD00000873 KZT 1.0 2.0 3 13.5
KZ_06_4410 XS1120709826 USD 1.0 1.9 10 4.9
MUM108_0014 KZKD00001236 KZT 0.9 1.8 29 12.7
MOM060_0054 KZK200000737 KZT 0.6 1.2 5 12.3
MUM072_0014 KZKD00001210 KZT 0.6 1.2 9 12.4
KZ_10_2811 XS1901718335 EUR 0.4 0.9 2 3.2
MUM168_0003 KZKD00000949 KZT 0.3 0.7 35 12.5
MUM108_0012 KZKD00000915 KZT 0.3 0.6 34 12.5
MUM240_0002 KZKD00000741 KZT 0.3 0.5 30 12.6
MUM180_0014 KZKD00000956 KZT 0.2 0.5 27 12.5
MUM180_0011 KZKD00000790 KZT 0.2 0.4 4 14.2
MUM156_0007 KZKD00001103 KZT 0.2 0.4 24 12.7
KZ_22_4507 XS1263139856 USD 0.2 0.4 1 5.1
MUM180_0012 KZKD00000840 KZT 0.1 0.2 13 12.5
MUM072_0013 KZKD00001145 KZT 0.1 0.2 13 12.5
MUM180_0015 KZKD00001186 KZT 0.1 0.1 8 12.5
MUM120_0017 KZKD00000899 KZT 0.1 0.1 7 12.6
MUM240_0004 KZKD00000832 KZT 0.0 0.0 2 12.0
MUM156_0006 KZKD00000964 KZT 0.0 0.0 2 12.3
MUM120_0018 KZKD00000907 KZT 0.0 0.0 1 14.2
MUM180_0016 KZKD00001194 KZT 0.0 0.0 1 12.5
MUM216_0001 KZKD00000972 KZT 0.0 0.0 1 12.5
MUM192_0002 KZKD00000543 KZT 0.0 0.0 1 12.7
----------- ------------ -------- ------- ------- ------ -------------
TOTAL 154.9 299.9 545
----------- ------------ -------- ------- ------- ------ -------------
Government securities of foreign issuers
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US_04_2908 US912810FJ26 USD 0.9 1.6 2 4.3
AT_01_2006 AT0000A2HLC4 EUR 0.2 0.4 8 2.3
US_86_2512 US91282CGA36 USD 0.1 0.3 17 4. 1
TR_02_2904 US900123CT57 USD 0.0 0.0 2 7.6
US_63_2505 US912828ZT04 USD 0.0 0.0 2 0. 3
US106_2812 US91282CDP32 USD 0.0 0.0 1 4.3
----------- ------------ -------- ------- ------- ------ -------------
TOTAL 1.2 2.3 32
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In terms of the main categories of investors in the secondary market, banks accounted for 27.2 %, the share of broker-dealer organizations is 17.7 %, the share of other institutional investors is 4.5 %, the share of other legal entities – 47.6 %, that of individuals – 3.0 %. Non-resident participation is estimated at 26.5 %.
According to the results of February, the indices of government securities demonstrated the following changes:
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Change
Value for month,
as of 28.02.25 tenge / b.p.
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Indices of "clean" prices, tenge
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KZGB_CPs with maturity of up to 1 year 1,158.45 -6.29
KZGB_CPm with maturity of 1 to 5 years 988.93 -14.56
KZGB_CPl with maturity of over 5 years 901.25 -13.15
KZGB_CPm1m with maturity of 31 days and up 985.97 -12.01
KZGB_CP without segmentation term 1.018.38 -10.33
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Indices of "dirty" prices, tenge
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KZGB_DPs with maturity of up to 1 year 1,313.09 +2.61
KZGB_DPm with maturity of 1 to 5 years 1,240.58 -7.61
KZGB_DPl with maturity of over 5 years 1,134.04 -11.74
KZGB_DPm1m with maturity of 31 days and up 1,130.77 -3.92
KZGB_DP without segmentation term 1,155.46 -4.47
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Yield indices, %
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KZGB_Ys with maturity of up to 1 year 13.41 +214.00
KZGB_Ym with maturity of 1 to 5 years 12.72 +66.00
KZGB_Yl with maturity of over 5 years 12.54 +29.00
KZGB_Ym1m with maturity of 31 days and up 12.71 +58.00
KZGB_Y without segmentation term 12.68 +55.00
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As of March 1, 2025, the Government Securities sector of KASE contains 112 issues of bonds of the Ministry of Finance of the Republic of Kazakhstan, including 100 issues of MEKAM and 12 issues of Eurobonds, one issue of notes of the National Bank of the Republic of Kazakhstan, 186 issues of bonds of local executive bodies and 73 issues of bonds of foreign states.
[202 5-03-11]