By Marisa Wong
Madison, Wis., July 23 – Eximbank Kazakhstan placed KZT 769.5 million of 9% bonds due 2025 on Wednesday, according to a Kazakhstan Stock Exchange announcement.
The net price was 93.7803 to yield 10%.
The bank registered to issue KZT 30 billion of the bonds in June and had planned to place KZT 7.5 billion at Wednesday’s trading session.
On Thursday, the bank held another special trading session to place KZT 6,730,500,000 of the bonds, but no bonds were placed due to an absence of orders.
As previously reported, the Almaty, Kazakhstan-based bank held a special trading session on July 21 to place KZT 7.5 billion of the bonds. No bonds were placed on Tuesday due to an absence of orders.
The trading session was originally scheduled for July 17 but was rescheduled for July 20 and then for July 21.
| Issuer: | Eximbank Kazakhstan
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| Issue: | Bonds
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| Amount: | KZT 769.5 million
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| Maturity: | June 29, 2025
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| Coupon: | 9%
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| Net price: | 93.7803
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| Yield: | 10%
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| Trade date: | July 22
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