New Issue: Kazakhstan sells KZT 26.14 billion more 8.45% bonds due 2032

By Marisa Wong

Morgantown, W.Va., Feb. 25 – Kazakhstan’s Ministry of Finance sold KZT 26,135,558,000 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 98.3461, corresponding to a yield of 8.66%.

The amount priced represents 104.5% of the issuer’s planned placement of KZT 25 billion of bonds.

This brings the total amount of the Meukam-168, third issue bonds to KZT 171,570,558,000, according to the notice.

Issuer:	Kazakhstan’s Ministry of Finance
Issue:	Long-term treasury bonds (Meukam-168, third issue)
Amount:	KZT 26,135,558,000
Maturity:	April 16, 2032
Coupon:	8.45%
Price:	98.3461
Yield:	8.66%
Auction date:	Feb. 25
Settlement date:	Feb. 25
Total issuance:	KZT 171,570,558,000

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