The CICC (China International Capital Corporation) helped Kazakhstan Development Bank issue its first offshore RMB bond publicly.

On September 2nd, as the lead global coordinator and delivery agent, CICC successfully assisted Development Bank of Kazakhstan in issuing and listing a 3-year offshore RMB bond worth 2 billion RMB, with a coupon rate of 3.35%. According to reports, this issuance set several market records, including being the first RMB bond issued and listed globally by a Kazakh issuer, the first public issuance of RMB bonds by a issuer in Central Asia, and the first RMB bond listed on the Hong Kong Stock Exchange by an issuer in Central Asia.