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Published on 4/30/2019 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 50 billion more 8.07% treasury bonds due 2035

By Marisa Wong

Morgantown, W.Va., April 30 – Kazakhstan’s Ministry of Finance sold KZT 50 billion of additional 8.07% long-term treasury bonds due Jan. 29, 2035 (Meukam-240, fourth issue) at a repeated special trading session held on Tuesday, according to a Kazakhstan Stock Exchange notice.

The “clean” price was 94.8041, corresponding to a yield of 8.68%.

The amount priced represents 100% of the issuer’s planned placement.

The total amount of the Meukam-240, fourth issue bonds is now KZT 283,907,452,000.

Issuer:Kazakhstan’s Ministry of Finance
Issue:Long-term treasury bonds (Meukam-240, fourth issue)
Amount:KZT 50 billion
Maturity:Jan. 29, 2035
Coupon:8.07%
Price:94.8041
Yield:8.68%
Auction date:April 30
Settlement date:April 30
Total issuance:KZT 283,907,452,000

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