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Kazakhstan’s Halyk Bank scraps planned KZT 130 billion 10-year bonds
By Marisa Wong
Morgantown, W.Va., Feb. 8 – JSC Halyk Bank cancelled its planned 10-year bonds due to non-placement, according to a Kazakhstan Stock Exchange notice.
As previously announced, the bank had registered to issue KZT 130 billion of 10-year bonds under its fourth debenture program.
The Almaty, Kazakhstan-based bank had registered the second-issue bonds on Jan. 25 and cancelled the issue on Feb. 3.
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