Astana International Exchange (AIX, Exchange) is pleased to announce that Eurasian Development Bank (EDB, Bank) has listed US$100 million 2-year bonds with a coupon of 1.5% per annum on AIX.
The deal has been announced on 13 December during the investors’ webinar organized by AIX.
Nikolai Podguzov, Chairman of the Management Board of the EDB, said:
"We welcome and express our readiness to further develop our partnership with AIX, including by working together to launch REPO transactions. The Bank will continue to work on building the EDB's yield curve, including through the placement of $100 million 2-year bonds on AIX."
The AIFC Governor, Dr Kairat Kelimbetov, noted:
“The Eurasian Development Bank is one of the key partners of the Astana International Financial Center and plays a significant role in the development of the economy of Kazakhstan and other Bank’s member states. We are proud to serve as one of the first-choice platforms for debt securities issued by the Eurasian Development Bank. We believe EADB can rightfully be considered as a frequent issuer, and we will be glad to continue our fruitfully beneficial cooperation going forward."
Daniyar Imangaliyev, Deputy Chairman of the EDB Management Board, stressed that the Bank managed to implement several landmark transactions on the AIX, both as an issuer and as an arranger of Kazakhstani issues, among which sovereign and quasi-sovereign issuers.
"The debut transaction on the AIX for the placement of $100 million in EDB bonds took place in 2020. In November of this year, we managed to close another important deal for the EDB from the ESG segment - the debut issue of social bonds worth 20 billion tenge," Daniyar Imangaliyev said.
Stressing the importance of the ESG topic for the EDB, Nazira Satbekova, Managing Director - Head of the Bank's Funding Directorate of the EDB, said that this year the Bank approved the Policy on Green and Social Bond Issues, under which 2 debut issues of green and social bonds were placed.
"Both issues have been confirmed by an accredited verifier, the green bonds are included, and the social bonds are planned for inclusion in the registry of the International Capital Markets Association - ICMA. Investors' funds will be used to finance the Bank's ESG projects, which we plan to report on as part of the Bank's annual report. The Bank's role in the ESG agenda in the member countries is very important and promising, our task is to strengthen this role" - noted Nazira Satbekova.
