New Issue: Kazakhstan sells KZT 40 billion more 8.45% treasury bonds due 2032

By Marisa Wong

Morgantown, W.Va., Aug. 20 – Kazakhstan’s Ministry of Finance sold KZT 40 billion of additional 8.45% long-term treasury bonds due April 16, 2032 (Meukam-168, third issue) at a repeated special trading session held on Monday, according to a Kazakhstan Stock Exchange notice.

The “clean” price was 99.9229, corresponding to a yield of 8.45%.

The amount priced represents 200% of the issuer’s planned placement.

This brings the total amount of the Meukam-168, third issue bonds to KZT 145,435,000,000, according to the notice.

Issuer:	Kazakhstan’s Ministry of Finance
Issue:	Long-term treasury bonds (Meukam-168, third issue)
Amount:	KZT 40 billion
Maturity:	April 16, 2032
Coupon:	8.45%
Price:	99.9229
Yield:	8.45%
Auction date:	Aug. 20
Settlement date:	Aug. 20
Total issuance:	KZT 145,435,000,000

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