League table for domestic bond issues, 2005

Issues used for ranking purpose:
Corporate bonds: 53 issues, volume 234,550,000,000
Municipal bonds: 0 issues, volume 0
Eurobonds: 14 issues, volume USD 2,850,000,000

Underwriters’ rating (Domestic market; Kazakhstan)
Arrangers’ rating (International market; Russia)

Underwriters’ rating
Market segment: Domestic market
Country: Kazakhstan
Currency: All
Unit: mln. KZT

#Investment bankVolume, mln. KZTNumber of issuersIssues placedIssues
1 TuranAlem Securities JSC 35,000 24Astana-finance, 2015-7; Astana-finance, 2012-6; Astana-finance, 2010-5; Turan Alem Bank, 2015-5
2 Kazkommerz Invest 22,250 44Doszhan Temir Zholy, 2028-1; Kazakhstan Kagazy, 2010-1; Kazinvestbank, 2012-1; Zangar Invest Group, 1
3 KIB ASSET MANAGEMENT 20,500 27CentreCredit Bank, 2015-8; CentreCredit Bank, 2010-12; CentreCredit Bank, 2015-7; CentreCredit Bank, 2015-11; CentreCredit Bank, 2015-9; CentreCredit Bank, 2015-10; Narodny Bank of Kazakhstan, 2007-6
4 RG Securities 19,000 24Kazakhstan Mortgage Company, 2006-13; Kazakhstan Mortgage Company, 2010-10; Kazakhstan Mortgage Company, 2008-9; Kazneftehim, 2010-2
5 Alliance Bank 18,000 35Alliance Bank, 2008-4; Alliance Bank, 2008-5; Kazakhstan Mortgage Company, 2017-12; Kazakhstan Mortgage Company, 2015-11; Ulba Metallurgical Plant, 2008-1
6 First Investment 16,300 22Doszhan Temir Zholy, 2028-1; GLOTUR, 2008-1
7 Bank Caspian 13,500 12Bank Caspian, 2012-5; Bank Caspian, 2015-6
8 ATFBank 13,000 11ATFBank, 2012-5
9 KazKommerzBank 12,500 12KazKommerzBank, 2015-4; KazKommerzBank, 2015-5
10-11 Temirbank 12,000 13Temirbank, 2008-5; Temirbank, 2012-6; Temirbank, 2015-4
10-11 Narodny Bank of Kazakhstan 12,000 13Narodny Bank of Kazakhstan, 2015-10; Narodny Bank of Kazakhstan, 2015-9; Narodny Bank of Kazakhstan, 2015-8
12 BTA Hypothec 10,000 13BTA Hypothec, 2010-4; BTA Hypothec, 2012-7; BTA Hypothec, 2015-5
13 Alliance Capital 7,500 33Kazakhstan Kagazy, 2010-1; Mangistau DENC, 2010-2; Vita, 2010-4
14 REAL-INVEST.kz 7,000 11BTA Hypothec, 2013-8
15 KG Securities 6,000 12Valut-Transit Bank, 2010-3; Valut-Transit Bank, 2012-4
16 Neftebank 3,000 11Neftebank, 2012-1
17-18 Kazakhstanskaya Finansovaya Kompania 2,000 11BTA Hypothec, 2010-6
17-18 Almaty Investment Management 2,000 11BTA ORIX Leasing, 2008-1
19-20 Centras Securities 1,500 11Cesna Bank, 2012-2
19-20 Derbes Securities 1,500 11Cesna Bank, 2012-2
Total sum 234,550  

Arrangers’ rating
Market segment: International market
Country: Kazakhstan
Currency: All
Unit: mln. USD

#Investment bankVolume, mln. USDNumber of issuersIssues placedIssues
1 JP Morgan 550 35Alliance Bank, 2008; KazKommerzBank, HT1 (LPN); KazKommerzBank, 2012 (ABS, DPR, FRN); KazKommerzBank, 2015; Turan Alem Bank, 2015
2-4 UBS 450 24Development Bank of Kazahstan, 2020; KazKommerzBank, 2009; KazKommerzBank, HT1 (LPN); KazKommerzBank, 2015
2-4 Citigroup 450 33Alliance Bank, 2010; Bank Caspian, 2008; CentreCredit Bank, 2008
2-4 ING 450 34KazKommerzBank, HT1 (LPN); KazKommerzBank, 2015; Nurbank, 2008; Turan Alem Bank, 2015
5 Credit Suisse 400 22ATFBank, 2012; Turan Alem Bank, 2008 (FRN)
6 HSBC Bank plc 175 22Alliance Bank, 2008; ATFBank, 2010
7-9 WestLB 100 11KazKommerzBank, 2012 (ABS, DPR, FRN)
7-9 Deutsche Bank AG 100 11ATFBank, 2010
7-9 ABN AMRO 100 11Alliance Bank, 2010
10 Dresdner Kleinwort 75 11Nurbank, 2008
Total sum 2,850