Teniz Capital Investment Banking is leading the second phase of bond placement for the Black Sea Trade and Development Bank (BSTDB) on the Astana International Exchange (AIX). The first tranche of 100 million USD was completed in 2024. This new tranche aims to support BSTDB's funding capacity and increase investor participation in Central Asian markets. BSTDB, founded in 1999 and headquartered in Thessaloniki, Greece, has 11 member states. Teniz Capital employs 50 professionals and completed 13 bond transactions in 2023. The company has expanded operations with the launch of a sister company, Teniz Capital Brokerage Ltd. This move reflects market interest in the region and its economic growth, according to the management committee of the entity.