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Kazakhstan’s Baiterek holding makes coupon payments on its bonds

Business Materials 9 January 2020 16:12 (UTC +04:00)
Kazakhstan’s Baiterek holding makes coupon payments on its bonds

BAKU, Azerbaijan, Jan. 9

By Nargiz Sadikhova - Trend:

Kazakhstan’s Baiterek National Management Holding has announced second coupon payments on its bonds, Trend reports with reference to Kazakhstan Stock Exchange (KASE).

According to KASE, coupon payments worth 3.6 billion tenge ($9.7 million) were made on Jan. 5, 2020.

Previously, on June 28, 2019 Baiterek Holding made first coupon payments on its bonds. The value of the payments also was 3.6 billion tenge.

Baiterek National Managing Holding JSC is the key institution that ensures the implementation of objectives for the sustainable development of the economy of Kazakhstan through its diversification, support for innovations, exports development, increase in labor productivity.

Baiterek Holding is an integrated development institution that consists of 61 organizations. Its mission is contribution to the sustainable economic development of Kazakhstan to implement the public policy and achieve the goals set out by the Strategy - 2050.

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