New Issue: Kazakhstan sells KZT 50 billion more 8.46% bonds due 2033

By Marisa Wong

Morgantown, W.Va., June 11 – Kazakhstan’s Ministry of Finance said it sold KZT 50 billion of additional 8.46% treasury bonds due 2033 (Meukam-180, 14th issue) at a special trading session held on Monday.

The “clean” price was 98.8513, corresponding to a yield of 8.6%.

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

The issuer had previously sold KZT 88.25 billion of the long-term treasury bonds.

Issuer:	Ministry of Finance of Kazakhstan
Issue:	Long-term treasury bonds (Meukam-180, 14th issue)
Amount:	KZT 50 billion
Maturity:	April 23, 2033
Coupon:	8.46%
Price:	98.8513
Yield:	8.6%
Auction date:	June 10
Settlement date:	June 10
Total issuance:	KZT 138.25 billion, including KZT 12 billion issued on April 23, 2018, KZT 11 billion issued on May 21, 2018, KZT 10.25 billion issued on July 2, 2018, KZT 20 billion issued on Sept. 3, 2018 and KZT 35 billion issued on Feb. 18

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.