New Issue: Kazakhstan sells KZT 53.06 billion more treasury bonds due 2021

By Marisa Wong

Los Angeles, May 27 – Kazakhstan’s Ministry of Finance placed KZT 53,060,741,000 of additional short-term treasury bonds (Mekkam-12, 148th issue) at a special trading session held on Friday, according to a Kazakhstan Stock Exchange notice.

The ministry had issued KZT 64,277,300,000 of the one-year bonds earlier this month, as previously reported.

The latest bonds were sold at a weighted average price of 90.4393, corresponding to a weighted average yield of 10.7781%.

The amount of accepted orders on Friday represents 106.1% of the issuer’s planned placement of KZT 50 billion of bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Short-term treasury bonds (Mekkam-12, 148th issue)
Amount:	KZT 53,060,741,000
Maturity:	May 15, 2021
Price:	90.4393
Yield:	10.7781%
Trade date:	May 22
Settlement date:	May 22
Total issuance:	KZT 117,338,041,000, including KZT 64,277,300,000 issued on May 15

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