Kazakhstan's Eurasian Bank plans KZT 10 billion of seven-year bonds

By Marisa Wong

Madison, Wis., Nov. 2 - JSC Eurasian Bank announced that its board of directors proposed a KZT 10 billion issue of subordinated bonds on Oct. 29.

The seven-year bonds will be listed on the Kazakhstan Stock Exchange.

This will be the fourth issue under the bank's KZT 100 billion second bond program registered on Oct. 15, 2008.

The bank is based in Almaty, Kazakhstan.

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