Kazakhstan Sustainability Fund Raises 9.5 Billion Tenge on KASE at 15.70% Yield

On August 6, 2026, Kazakhstan Sustainability Fund JSC held specialized trading on the Kazakhstan Stock Exchange to place two-year KFUSb113 bonds worth a total of 9.5 billion tenge. The bonds carry a face value of 1,000 tenge each, an annual coupon, and mature over a two-year term running from August 6, 2026 to August 6, 2028. The final yield to maturity came in at 15.70% per year, making the issue an appealing option for investors seeking returns above typical bank deposit rates over a relatively moderate investment horizon. As a quasi-sovereign entity, Kazakhstan Sustainability Fund is generally seen as carrying lower credit risk compared with corporate issuers. For retail investors on KASE, such bonds remain one avenue for diversifying a tenge-denominated fixed-income portfolio.