New Issue: Kazakhstan sells KZT 77.48 billion more treasury bonds due 2021

By Marisa Wong

Los Angeles, June 15 – Kazakhstan’s Ministry of Finance placed KZT 77,475,051,500 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 169,796,641,000 of the one-year bonds in auctions in May and earlier this month, as previously reported.

The latest bonds were sold at a weighted average discounted price of 90.9396, corresponding to a weighted average yield of 10.7909%.

The amount of accepted orders on Thursday represents 121.1% of the issuer’s planned placement of KZT 60 billion of bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Short-term treasury bonds (Mekkam-12, 148th issue)
Amount:	KZT 77,475,051,500
Maturity:	May 15, 2021
Price:	90.9396
Yield:	10.7909%
Trade date:	June 12
Settlement date:	June 12
Total issuance:	KZT 247,271,692,500, including KZT 64,277,300,000 issued on May 15, KZT 53,060,741,000 issued on May 22 and KZT 52,458,600,000 issued on June 5

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