New Issue: Kazakhstan sells KZT 38.18 billion more 8.48% bonds due 2036

By Marisa Wong

Morgantown, W.Va., March 4 – Kazakhstan’s Ministry of Finance sold KZT 38,175,249,000 of additional 8.48% long-term treasury bonds due July 30, 2036 (Meukam-216, first issue) at a repeated special trading session held on Monday, according to a Kazakhstan Stock Exchange notice.

The “clean” price was 96.9438, corresponding to a yield of 8.82%.

The amount priced represents 109.1% of the issuer’s planned placement of KZT 35 billion of bonds.

The total amount of the Meukam-216, first issue bonds is now KZT 83,675,249,000.

Issuer:	Kazakhstan’s Ministry of Finance
Issue:	Long-term treasury bonds (Meukam-216, first issue)
Amount:	KZT 38,175,249,000
Maturity:	July 30, 2036
Coupon:	8.48%
Price:	96.9438
Yield:	8.82%
Auction date:	March 4
Settlement date:	March 4
Total issuance:	KZT 83,675,249,000

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