New Issue: Kazakhstan sells KZT 3.13 billion more 9% treasury bonds due 2027

By Marisa Wong

Los Angeles, June 3 – Kazakhstan’s Ministry of Finance sold KZT 3,127,668,000 of additional long-term treasury bonds (Meukam-120, 18th issue) at a special trading session held on Monday.

The latest 9% bonds due 2027 were sold at a weighted average “clean” price of 91.5227 to yield 10.762%.

The amount of accepted orders represents 104.3% of the issuer’s planned placement of KZT 3 billion of bonds.

The issuer previously issued KZT 262,194,012,000 of the bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Long-term treasury bonds (Meukam-120, 18th issue), add-on
Amount:	KZT 3,127,668,000
Maturity:	July 3, 2027
Coupon:	9%
Price:	91.5227
Yield:	10.762%
Trade date:	June 1
Settlement date:	June 1
Total issuance:	KZT 265,321,680,000

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