Eurasian Development Bank has listed debut USD bond on AIX

Monday, 7 December 2020


The Astana International Exchange (“AIX”, “Exchange”) is pleased to announce that the Eurasian Development Bank (“EDB”) has successfully listed its debut US $100 mln 12-months bond on the AIX. First Heartland Securities JSC was acting as adviser of the transaction.

CEO of AIX, Tim Bennett, commented:

“We are delighted to welcome the first listing of the Eurasian Development Bank at AIX. We believe this is a good signal for investors and the market, that can serve as a good example for other supranational development banks.”

CEO of EDB, Nikolay Podguzov, noted:

“The debut placement of bonds was carried out as part of the Bank’s efforts to shape the curve in US dollars and euros and diversify funding instruments. The bank plans to continue its partnership with the AIX in 2021 and offer investors a series of short-term issues with maturities up to 18 months.”

CEO of “First Heartland Securities” JSC, Yevgeniy Pan, said:

“The placement of EDB bonds is a significant event both for the financial market and for issuers and investors. This placement provides a unique opportunity for investors to make short-term investments in high-quality bonds. We thank the EDB for the opportunity to be involved in this placement. We would also like to note the growing interest in the AIFC platform from issuers and investors, and this transaction is a confirmation of this interest.”