By Marisa Wong
Morgantown, W.Va., Nov. 21 – National Bank of the Republic of Kazakhstan sold a total of KZT 2 billion of 5¾% long-term treasury bonds (Meukam-72, issue 10) issued by Kazakhstan’s Ministry of Finance at special trading sessions held on Friday and Monday, according to Kazakhstan Stock Exchange notices.
On Friday the bank sold KZT 1 billion of the bonds at a cut-off price of 91.9930 to yield 10.4399%.
On Monday the bank sold KZT 1 billion of the bonds at a cut-off price of 92.1010 to yield 10.39%.
The issuer had registered to issue KZT 58.09 billion of the bonds in November 2012.
Almaty, Kazakhstan-based National Bank is conducting special trading sessions to sell government treasury bonds from Nov. 15 to Dec. 20 to help build a risk-free yield curve, according to the stock exchange notices.
| Issuer: | Ministry of Finance of the Republic of Kazakhstan
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| Issue: | Long-term treasury bonds (Meukam-72, issue 10)
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| Amount: | KZT 2 billion
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| Maturity: | Nov. 9, 2018
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| Coupon: | 5¾%
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| Price: | 91.9930 for KZT 1 billion, 92.1010 for KZT 1 billion
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| Yield: | 10.4399% for KZT 1 billion, 10.39% for KZT 1 billion
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| Agent: | National Bank of the Republic of Kazakhstan
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| Trade date: | Nov. 18 for KZT 1 billion, Nov. 21 for KZT 1 billion
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