New Issue: Kazakhstan sells KZT 60 billion more 8.37% treasury bonds due 2040

By Marisa Wong

Los Angeles, April 14 – Kazakhstan’s Ministry of Finance sold KZT 60 billion of additional 8.37% long-term treasury bonds due Feb. 26, 2040 (Meukam-300, third issue) at a repeated special trading session held on Monday, according to a Kazakhstan Stock Exchange notice.

The “clean” price was 84.6178, corresponding to a yield of 10.2%.

The amount priced represents 100% of the issuer’s planned placement.

The latest issuance brings the total amount of the Meukam-300, third issue bonds to KZT 153,450,693,000, according to the notice.

Issuer:	Kazakhstan’s Ministry of Finance
Issue:	Long-term treasury bonds (Meukam-300, third issue)
Amount:	KZT 60 billion
Maturity:	Feb. 26, 2040
Coupon:	8.37%
Price:	84.6178
Yield:	10.2%
Auction date:	April 13
Settlement date:	April 13
Total issuance:	KZT 153,450,693,000

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