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Asian Credit Fund issues bonds

The microfinance company «Asian Credit Fund» will enter the Kazakhstan stock market for the first time on November 27, offering investors bonds on the Kazakhstan Stock Exchange (KASE).
Total bond program volume — 6 billion tenge.
First issuance within the program — 2 billion tenge
Ticker: MFCF, exchange — KASE.
Nominal value — 1,000 tenge
Coupon — 21% per annum
Maturity — 2 years
Coupon payment frequency — quarterly (4 times a year)
To purchase ACF bonds
an investor needs to open a brokerage account with any licensed brokerage company authorized by the National Bank or the Agency for Regulation and Development of the Financial Market, and then submit an order to buy the bonds.
More detailed information about the company is available at https://asiancreditfund.com/ or by calling the short number 5061, as well as on the KASE website in the «Issuers» section.

 

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