Published on 3/27/2019 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan sells KZT 25 billion more 7.68% treasury bonds due 2030
By Marisa Wong
Morgantown, W.Va., March 27 – The Kazakhstan Finance Ministry sold KZT 25 billion of additional 7.68% long-term treasury bonds due Feb. 4, 2030 (Meukam-180, 12th issue) at a repeated special trading session held on Tuesday.
The “clean” price was 93.5663, corresponding to a yield of 8.61%.
The amount priced represented 100% of the issuer’s planned placement.
Prior to Monday’s auction, there was KZT 293,746,867,000 principal amount outstanding. The 7.68% bonds were registered in February 2015.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Long-term treasury bonds (Meukam-180, 12th issue)
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Amount: | KZT 25 billion
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Maturity: | Feb. 4, 2030
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Coupon: | 7.68%
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Price: | 93.5663
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Yield: | 8.61%
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Trade date: | March 26
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Total issuance: | KZT 318,746,867,000
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