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Published on 5/26/2017 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan’s Eurasian Bank sells KZT 15 billion 10.1% three-year bonds

By Marisa Wong

Morgantown, W.Va., May 26 – JSC Eurasian Bank said it sold KZT 15 billion of 10.1% three-year bonds at a special trading session on the Kazakhstan Stock Exchange on Wednesday.

Pricing details were not disclosed.

Orders were received for KZT 44.4 billion of bonds. The bank had intended to offer KZT 20 billion of the bonds.

The bank is based in Almaty, Kazakhstan.

Issuer:JSC Eurasian Bank
Issue:Bonds
Amount:KZT 15 billion
Maturity:May 24, 2020
Coupon:10.1%
Trade date:May 24

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