By Marisa Wong
Morgantown, W.Va., Aug. 15 – National Bank of the Republic of Kazakhstan sold a total of KZT 2 billion of 5½% long-term treasury bonds due April 24, 2032 (Meukam-240, first issue) issued by Kazakhstan’s Ministry of Finance at special trading sessions held Monday and Tuesday, according to Kazakhstan Stock Exchange notices.
The cut-off price was 71.3906 for KZT 1 billion of bonds sold Monday and 71.3928 for KZT 1 billion of bonds sold Tuesday, both corresponding to a yield of 9.1%.
The issuer had registered the 5½% bonds in April 2012. National Bank also placed KZT 2 billion of the bonds last Thursday and Friday, as previously reported.
Almaty, Kazakhstan-based National Bank is conducting special trading sessions to sell government treasury bonds from Aug. 2 to Aug. 24, according to a separate stock exchange notice.
| Issuer: | Kazakhstan Ministry of Finance
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| Issue: | Long-term treasury bonds (Meukam-240, first issue)
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| Amount: | KZT 2 billion
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| Maturity: | April 24, 2032
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| Coupon: | 5½%
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| Price: | 71.3906 for KZT 1 billion of bonds sold Aug. 14 and 71.3928 for KZT 1 billion of bonds sold Aug. 15
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| Yield: | 9.1%
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| Agent: | National Bank of the Republic of Kazakhstan
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| Trade dates: | Aug. 14, Aug. 15
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