Food Contract Corporation Fully Redeems Three-Year Bonds Worth 43 Billion Tenge

On April 21, 2025, the National Company "Food Contract Corporation" announced the full repayment of its three-year bonds, totaling 43 billion tenge. This amount includes the principal debt of 40 billion tenge and the final coupon income of 3 billion tenge.

The bonds were issued in early 2022 as part of a large-scale financing program for agricultural producers through the forward purchase mechanism. The redemption was carried out strictly according to schedule, indicating the company’s financial stability and effectiveness in long-term planning.

According to Ildar Ismagulov, Managing Director and a Member of the Board of JSC "NC "Food Contract Corporation", the timely fulfillment of debt obligations reflects the corporation's commitment to high financial discipline and its responsibility toward investors. He also emphasized that the company continues to strengthen its reputation as a reliable issuer and remains a stable player in the capital market.

The corporation is consistently implementing a sustainable development strategy, supporting Kazakhstan’s agro-industrial complex while maintaining transparency and predictability in its investor relations. This approach fosters growing trust from partners and investors and reinforces the corporation's position as a key grain operator in the country.

JSC "NC "Food Contract Corporation" is a state-owned grain operator responsible for ensuring food security, stabilizing the domestic grain market, providing financial support to agricultural producers, and organizing grain exports.

🔑 Key Takeaways:
• 43 billion tenge fully redeemed, including principal and coupon
• Obligations fulfilled strictly on schedule, confirming financial reliability
• The corporation maintains its position as a trusted market participant