LEBs' bonds purchasing

General information

The key task of Kazakhstan Housing Company JSC is to increase the number of affordable housing for citizens of the Republic of Kazakhstan within the framework of the Concept for the Development of Housing and Communal Infrastructure for 2026.

As part of this direction, Kazakhstan Housing Company JSC finances the construction of credit housing for depositors of Otbasy Bank JSC by buying back bonds of local executive bodies. The proceeds from the sale of government securities are directed to the construction of housing in all regions of the Republic of Kazakhstan.

To date, within the framework of the Concept for the Development of Housing and Communal Infrastructure for 2023-2029 (formerly the Nurly Zher State Program), bonds of akimats in the amount of 1119 billion tenge have been purchased, and also, within the framework of the Employment Roadmap for 2020-2021, bonds of akimats have been purchased for the amount of 751.7 billion tenge.