JSC "IDF" announced the placement on KASE on November 12 of bonds KZ2C00008217 (IDFRB4) in the amount of 50.0 billion tenge

JSC "Industrial Development Fund" (Nur-Sultan), whose bonds are on the official list of the Kazakhstan Stock Exchange (KASE), provided KASE with the following information message:

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On November 12, 2021, Kazakhstan Stock Exchange JSC held specialized auctions for the placement of the 3rd bond issue JSC "Industrial Development Fund". The issue of bonds of JSC "
Industrial Development Fund" was placed in the amount of 50 billion tenge with a maturity date 7 years. Halyk Finance acted as a financial consultant and the underwriter of the issue and placement of bonds of JSC " Industrial Development Fund".

According to the results of the specialized trades, the bonds of JSC " Industrial Development Fund" were placed in the amount of 50 billion tenge in full, redeemed by second-tier banks, brokerage and insurance companies, at a yield rate of 12.4% per annum.

We note that the funds raised will be used to finance leasing projects in the manufacturing industry and infrastructure.

Additionally, we inform you that in November 2020 and in March 2021 JSC "Industrial Development Fund" has been placed 2 bond issues with a nominal volume of 50 billion tenge each and a term of 10 years. The funds were used to finance leasing projects.

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