Kazakhstan's Eurasian Bank places no bonds at March 27 session

By Marisa Wong

Madison, Wis., March 27 - JSC Eurasian Bank held a special trading session on the Kazakhstan Stock Exchange to place KZT 3 billion of 5.7% bonds due Oct. 15, 2023. No bonds were placed at the trading session held on Wednesday due to an insufficient number of orders.

The size of the planned placement represented 20% of the total principal amount of bonds the company is authorized to issue.

The bank is based in Almaty, Kazakhstan.

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