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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
Issue:Long-term treasury bonds (Meukam-180, 12th issue)
Amount:KZT 25 billion
Maturity:Feb. 4, 2030
Coupon:7.68%
Price:93.5663
Yield:8.61%
Trade date:March 26
Total issuance:KZT 318,746,867,000

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