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Published on 6/5/2020 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 52.46 billion more treasury bonds due 2021

By Marisa Wong

Los Angeles, June 5 – Kazakhstan’s Ministry of Finance placed KZT 52,458,600,000 of additional short-term treasury bonds (Mekkam-12, 148th issue) at a special trading session held on Thursday, according to a Kazakhstan Stock Exchange notice.

The ministry had issued KZT 117,338,041,000 of the one-year bonds in auctions last month, as previously reported.

The latest bonds were sold at a weighted average discounted price of 90.7763, corresponding to a weighted average yield of 10.7189%.

The amount of accepted orders on Thursday represents 524.6% of the issuer’s planned placement of KZT 10 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Short-term treasury bonds (Mekkam-12, 148th issue)
Amount:KZT 52,458,600,000
Maturity:May 15, 2021
Price:90.7763
Yield:10.7189%
Trade date:June 5
Settlement date:June 5
Total issuance:KZT 169,796,641,000, including KZT 64,277,300,000 issued on May 15 and KZT 53,060,741,000 issued on May 22

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