Redemption of LEBs' bonds
Redemption of bonds of local executive bodies
The key objective of Kazakhstan Housing Company JSC is to increase the number of affordable housing for the citizens of the Republic of Kazakhstan. As part of this direction of the State Program of Housing and Communal Development “Nurly zher” for 2020-2025, JSC “Kazakhstan Housing Company” finances the construction of credit housing for depositors of JSC “Otbasy Bank” by buying bonds of local executive bodies (LEBs). The proceeds from the sale of government securities are allocated for the construction of housing in all regions of the Republic of Kazakhstan.