By Marisa Wong
Morgantown, W.Va., Aug. 21 – National Bank of the Republic of Kazakhstan sold KZT 1 billion of 8.07% long-term treasury bonds due May 12, 2034 (Meukam-240, second issue) issued by Kazakhstan’s Ministry of Finance at a special trading session held Friday, according to a Kazakhstan Stock Exchange notice.
The “clean” price ranged from 89.6911 to 90.8555, and the yield ranged from 9.15% to 9.3%.
The issuer had registered to issue the 8.07% bonds in May 2014.
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
|
| Issue: | Long-term treasury bonds (Meukam-240, second issue)
|
| Amount: | KZT 1 billion
|
| Maturity: | May 12, 2034
|
| Agent: | National Bank of the Republic of Kazakhstan
|
| Coupon: | 8.07%
|
| Price: | 89.6911 to 90.8555
|
| Yield: | 9.15% to 9.3%
|
| Trade date: | Aug. 18
|
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