Published on 1/31/2019 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan sells KZT 31 billion more 8.07% treasury bonds due 2035
By Marisa Wong
Morgantown, W.Va., Jan. 31 – Kazakhstan’s Ministry of Finance sold KZT 31 billion of additional 8.07% long-term treasury bonds due Jan. 29, 2035 (Meukam-240, fourth issue) at a repeated special trading session held on Wednesday, according to a Kazakhstan Stock Exchange notice.
The “clean” price was 94.0167, corresponding to a yield of 8.78%.
The amount priced represents 103.3% of the issuer’s planned placement of KZT 30 billion of bonds.
The total amount of the Meukam-240, fourth issue bonds is now KZT 201,296,452,000.
Issuer: | Kazakhstan’s Ministry of Finance
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Issue: | Long-term treasury bonds (Meukam-240, fourth issue)
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Amount: | KZT 31 billion
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Maturity: | Jan. 29, 2035
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Coupon: | 8.07%
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Price: | 94.0167
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Yield: | 8.78%
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Auction date: | Jan. 30
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Settlement date: | Jan. 30
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Total issuance: | KZT 201,296,452,000
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