Alatau City Bank Joint Stock Company becomes the first issuer to register a Commercial Papers Programme at AIX
Astana International Exchange (“AIX” or the “Exchange”) is pleased to announce successful listing of commercial papers issued in two tranches by Alatau City Bank Joint Stock Company under the Programme with a total amount up to US$500,000,000. Issued tranches represent zero-coupon commercial papers maturing in 6 and 12 months with a value of US$100 mln each.
Birzhan Astayev, AIX Chief Markets and Products, said:
“This marks the first issuance of commercial papers on AIX, and we are pleased to welcome Alatau City Bank with the launch of its debut Commercial Papers Programme. This important milestone reflects the market’s positive response to AIX’s introduction of new products, as well as growing confidence in our infrastructure and increasing interest from issuers seeking efficient short-term funding and enhanced financial flexibility.”
Birzhan Astayev, AIX Chief Markets and Products, said:
“This marks the first issuance of commercial papers on AIX, and we are pleased to welcome Alatau City Bank with the launch of its debut Commercial Papers Programme. This important milestone reflects the market’s positive response to AIX’s introduction of new products, as well as growing confidence in our infrastructure and increasing interest from issuers seeking efficient short-term funding and enhanced financial flexibility.”