Otbasy Bank to issue 300 billion tenge in bonds on KASE

September 12, 2026 at 11:18 AM1 min

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Otbasy Bank plans to issue 300 billion tenge in unsecured coupon bonds on the Kazakhstan Stock Exchange (KASE). The board of directors approved the issuance on September 4, according to a KASE notice. The bank did not disclose the coupon rate, maturity, or placement date.

Key Facts

Otbasy Bank will issue 300 million unsecured coupon bonds with a nominal value of 1,000 tenge each, totaling 300 billion tenge.
The board of directors approved the bond issuance on September 4, 2026.
The issuance volume equals 38.8% of the bank's equity, which stood at 772.6 billion tenge as of July 1.
The bank's total liabilities as of July 1 were 5.14 trillion tenge.
Otbasy Bank did not disclose the coupon rate, maturity, or placement date for the bonds.

Bond Issuance Details

Otbasy Bank will issue 300 million unsecured coupon bonds with a nominal value of 1,000 tenge each, totaling 300 billion tenge. The board of directors approved the issuance on September 4, 2026, according to a notice on the Kazakhstan Stock Exchange (KASE). The bank stated it intends to increase its liabilities by 10% or more relative to its equity. At the planned volume of 300 billion tenge, this represents 38.8% of the bank's equity of 772.6 billion tenge as of July 1.

Financial Position

Otbasy Bank's total liabilities as of July 1, 2026, were 5.14 trillion tenge. The bank did not disclose the coupon rate, maturity, or placement date for the bonds. The purpose of the fundraising was also not specified in the KASE notice.