Development Bank of Kazakhstan Sukuk Program Assigned \'BBB+\' Issue Rating

July 03, 2012

 

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Issuer: Development Bank of Kazakhstan
Issuer profile:
CJSC Development Bank of Kazakhstan was established on May 31, 2001. The primary mission of the bank was development and efficiency enhancement of the government investment operations.
The s... more
Outstanding issues:
4 issuesUSD2,452,000,000
1 issuesMYR240,000,000
Issuer rating:
Moody's Investors ServiceBaa3/StableLT Int. Scale (foreign curr)05/04/2010
Standard & Poor'sBBB+/StableLT Int. Scale (foreign curr.)12/04/2013
Standard & Poor'sBBB+/StableLT Int. Scale (loc. curr.)12/04/2013
Standard & Poor'skzAAA/LT National Scale (Kazakhstan)12/04/2013
Fitch RatingsBBB/StableLT Int. Scale (foreign curr.)11/21/2012
Fitch RatingsBBB+/StableLT Int.l Scale (local curr.)11/21/2012