New Issue: Kazakhstan sells KZT 2 billion more 6.65% bonds due 2021 at 9.4% yield

By Marisa Wong

Los Angeles, Aug. 5 – Kazakhstan’s Ministry of Finance sold KZT 2 billion of additional 6.65% long-term treasury bonds due July 9, 2021 (Meukam-84, 15th issue) at a repeated special trading session held on Monday, according to a Kazakhstan Stock Exchange notice.

The “clean” price was 95.3279, corresponding to a yield of 9.4%.

The amount priced represents 40% of the issuer’s planned placement of KZT 5 billion of bonds.

This brings the total amount of the Meukam-84, 15th issue bonds to KZT 46,619,000,000, according to the notice.

Issuer:	Kazakhstan’s Ministry of Finance
Issue:	Long-term treasury bonds (Meukam-84, 15th issue)
Amount:	KZT 2 billion
Maturity:	July 9, 2021
Coupon:	6.65%
Price:	95.3279
Yield:	9.4%
Auction date:	Aug. 5
Settlement date:	Aug. 5
Total issuance:	KZT 46,619,000,000

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