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Published on 10/7/2019 in the Prospect News Emerging Markets Daily.

New Issue: Almaty, Kazakhstan, sells KZT 1.08 billion more 0.35% bonds

By Marisa Wong

Los Angeles, Oct. 7 – The local executive body of Almaty, Kazakhstan, placed KZT 1,078,696,000 of additional 0.35% debt securities due 2021 at a special trading session held on Monday, according to a Kazakhstan Stock Exchange announcement.

Pricing details were not disclosed.

The amount issued represents 100% of the issuer’s planned placement. The issuer had registered to issue up to KZT 8 billion of the bonds and previously placed KZT 6,337,270,000 of the bonds.

Issuer:Almaty, Kazakhstan
Issue:Debt securities
Amount:KZT 1,078,696,000
Maturity:May 3, 2021
Coupon:0.35%
Trade date:Oct. 7
Settlement date:Oct. 7
Total issuance:KZT 7,415,966,000, including KZT 2,236,262,000 issued on May 3, KZT 3 billion issued on June 13 and KZT 1,101,008,000 issued on Aug. 14

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