New Issue: Kazakhstan sells KZT 32.61 billion more 8.07% treasury bonds due 2035

By Marisa Wong

Morgantown, W.Va., March 19 – Kazakhstan’s Ministry of Finance sold KZT 32,611,000,000 of additional 8.07% long-term treasury bonds due Jan. 29, 2035 (Meukam-240, fourth issue) at a repeated special trading session held on Monday, according to a Kazakhstan Stock Exchange notice.

The “clean” price was 94.0018, corresponding to a yield of 8.78%.

The amount priced represents 108.7% 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 233,907,452,000.

Issuer:	Kazakhstan’s Ministry of Finance
Issue:	Long-term treasury bonds (Meukam-240, fourth issue)
Amount:	KZT 32,611,000,000
Maturity:	Jan. 29, 2035
Coupon:	8.07%
Price:	94.0018
Yield:	8.78%
Auction date:	March 18
Settlement date:	March 18
Total issuance:	KZT 233,907,452,000

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