Kazakhstan’s national railway grid sells 40 million bonds at KASE


Kazakhstan Temir Zholy raised 40 billion tenge on the Kazakhstan Stock Exchange, placing bonds at 11.5% per annum. The company issued 40 million securities. The cost of one bond is 1 thousand tenge.

According to the exchange, four players took part in the auction. Brokerage and dealer organisations accounted for 2.8%,...