KASE Opens Trading in Bonds of Gold Miner QARABULAQ GOLD

The Kazakhstan Stock Exchange announced the opening of bond trading for QARABULAQ GOLD LLP on KASE's alternative platform. The issue totals $15 million, with each bond having a face value of $1,000 and a two-year maturity. Bondholders will receive quarterly coupon payments at a 10% annual rate, making the issue attractive to investors seeking dollar-denominated returns in the Kazakhstani market. The company represents the gold mining industry — one of Kazakhstan's strategic economic sectors focused on precious metals exports. Listing on KASE's alternative platform, designed for smaller issuers with simplified listing requirements, reflects growing interest among mid-sized companies in using exchange-based financing as an alternative to bank loans. For retail investors, such bonds may be of interest as a portfolio diversification tool offering fixed dollar returns, though higher risks compared to government or large corporate bonds should be considered.