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Bookrunner League Table of Local Kazakh Bonds (excl. own issues), 2025

Last updated 03/02/2026
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  • #
  • Investment Bank
  • Amount, mln KZT
  • Number of issuers
  • Number of issues
  • 1
  • Halyk Finance
  • 2,321,437
  • 15
  • 54
  • Amount, mln KZT | Share, %
    2,321,437 | 50.06
  • Number of issuers | Number of issues
    15| 54
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  • 2
  • Alatau City Invest
  • 685,663
  • 17
  • 41
  • Amount, mln KZT | Share, %
    685,663 | 14.79
  • Number of issuers | Number of issues
    17| 41
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  • 3
  • BCC Invest
  • 581,818
  • 18
  • 35
  • Amount, mln KZT | Share, %
    581,818 | 12.55
  • Number of issuers | Number of issues
    18| 35
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  • 4
  • Freedom Finance (Kazakhstan)
  • 557,332
  • 14
  • 26
  • Amount, mln KZT | Share, %
    557,332 | 12.02
  • Number of issuers | Number of issues
    14| 26
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  • 5
  • Eurasian Capital
  • 166,935
  • 3
  • 16
  • Amount, mln KZT | Share, %
    166,935 | 3.60
  • Number of issuers | Number of issues
    3| 16
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  • 6
  • SkyBridge Invest
  • 94,600
  • 2
  • 2
  • Amount, mln KZT | Share, %
    94,600 | 2.04
  • Number of issuers | Number of issues
    2| 2
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  • 7
  • Teniz Capital Investment Banking
  • 88,957
  • 34
  • 50
  • Amount, mln KZT | Share, %
    88,957 | 1.92
  • Number of issuers | Number of issues
    34| 50
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  • 8
  • Centras Securities
  • 71,099
  • 7
  • 9
  • Amount, mln KZT | Share, %
    71,099 | 1.53
  • Number of issuers | Number of issues
    7| 9
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  • 9
  • ForteFinance
  • 46,942
  • 2
  • 3
  • Amount, mln KZT | Share, %
    46,942 | 1.01
  • Number of issuers | Number of issues
    2| 3
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  • 10
  • Tengri Partners Investment Banking
  • 20,091
  • 4
  • 5
  • Amount, mln KZT | Share, %
    20,091 | 0.43
  • Number of issuers | Number of issues
    4| 5
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  • 11
  • IC Standard
  • 2,445
  • 4
  • 6
  • Amount, mln KZT | Share, %
    2,445 | 0.05
  • Number of issuers | Number of issues
    4| 6
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  • Total
  • 4,637,318
  • 78
  • 183
  • Amount, mln KZT | Share, %
    4,637,318 | 100
  • Number of issuers | Number of issues
    78 | 183
Ranking Methodology »
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