Published on 10/29/2019 in the Prospect News Emerging Markets Daily.
New Issue: Almaty, Kazakhstan, sells KZT 178.69 million more 0.35% bonds
By Marisa Wong
Los Angeles, Oct. 29 – The local executive body of Almaty, Kazakhstan, placed KZT 178,694,000 of additional 0.35% debt securities due May 28, 2021 at a special trading session held on Tuesday, 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 3,665,575,000 of the bonds and previously placed KZT 2,626,312,000 of the bonds.
| Issuer: | Almaty, Kazakhstan
|
| Issue: | Debt securities
|
| Amount: | KZT 178,694,000
|
| Maturity: | May 28, 2021
|
| Coupon: | 0.35%
|
| Trade date: | Oct. 29
|
| Settlement date: | Oct. 29
|
| Total issuance: | KZT 2,805,006,000
|
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