January 25, 2019 | Cbonds
|Cbonds has prepared the league tables for the arrangers of Kazakhstani bond placements for 2018. 15 arrangers entered the general league tables by placing 42 issues in the amount of 1.42 trillion tenge. In 2017, 9 investment banks were included in the list, which took part in the arrangement of 30 issues worth 302.566 billion tenge. |
This year, the first place in the general league tables is taken by Tsesna Capital, which arranged 4 issues of 2 issuers for a total amount of 590 billion tenge. Its share of the placement market was 41.41%. The second place is taken by ForteBank, which placed and arranged 1 issue worth 220 billion tenge. The bronze winner is Kazkommerts Securities (KazKommerts Bank), which took part in the arrangement of 9 issues of 5 issuers in the amount of 216.385 billion tenge. The fourth line is occupied by Halyk Finance, which took part in the placement of 4 issues of 4 issuers in the amount of 110.339 billion tenge. The fifth place is taken by Bank CenterCredit and BCC Invest with 4 issues of 4 issuers in the amount of 94.68 billion tenge. The share of the top five arrangers of the league tables is 86.42%.
The volume of market placements in 2018 amounted to 679.882 billion tenge; 14 investment banks took part in the arrangement in question. Among the arrangers of market transactions, Kazkommerts Securities/KazKommertsBank is in the lead, which arranged 9 issues worth 216.385 billion tenge. Having arranged the placement of 3 issues in the amount of 140 billion tenge, Tsesna Capital took the second place. The third place is taken by Bank CenterCredit/BCC Invest – 9 issues in the amount of 94.68 billion tenge. SkyBridge Invest and Halyk Finance took the fourth and fifth places, respectively – SkyBridge Invest arranged the placement of 1 issue worth 85 billion tenge; Halyk Finance took part in the placement of 3 market issues of 3 issuers in the amount of 35.339 billion tenge. The share of the first five arrangers in the market is 84.05%.
The full version of the league tables is available in the corresponding section.
When drawing up the league tables, drafters take into account all the issues of corporate bonds of Kazakhstan, which were placed among a wide range of investors and are listed on KASE.
* These league tables exclude all the transactions whose non-market nature was covered in the media.