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Kazyna Capital Management has attracted more than KZT 12 bln. as part of 2020-2021 Employment Roadmap financing
28.10.2021
On October 27, 2021, Kazyna Capital Management JSC attracted a bond loan in the amount of KZT 12.8 bln. as part of 2020-2021 Employment Roadmap financing. This bond issue is a debut one.
Total volume of an attracted bond loan of subsidiaries of Baiterek National Managing Holding JSC within the framework of the implementation of 2020-2021 Employment Roadmap is KZT 100 bln.
All funds raised were used to finance the subsidiaries of the Holding in new areas of the program:
- KZT 50 bln. to finance local executive agencies through Kazakhstan Housing Company JSC for infrastructure development to improve the quality of life of citizens;
- KZT 50 bln. to finance investment projects of the agro-industrial complex through subsidiaries of the Holding:
- Development Bank of Kazakhstan JSC - KZT 32.2 bln.;
- Kazyna Capital Management JSC - KZT 12.8 bln.;
- Agrarian Credit Corporation JSC - KZT 5 bln.
In 2020, the Holding financed local executive agencies within the framework of the Employment Roadmap through Kazakhstan Housing Company JSC for a total amount of KZT 700 bln. for regional development.
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