New Issue: Kazakhstan sells KZT 5 billion more 8.46% bonds due 2033

By Marisa Wong

Los Angeles, Aug. 16 – Kazakhstan’s Ministry of Finance said it sold KZT 5 billion of additional 8.46% treasury bonds due 2033 (Meukam-180, 14th issue) at a special trading session held on Wednesday.

The “clean” price was 99.2161, corresponding to a yield of 8.55%.

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

The issuer had previously sold KZT 138.25 billion of the long-term treasury bonds.

Issuer:	Ministry of Finance of Kazakhstan
Issue:	Long-term treasury bonds (Meukam-180, 14th issue)
Amount:	KZT 5 billion
Maturity:	April 23, 2033
Coupon:	8.46%
Price:	99.2161
Yield:	8.55%
Auction date:	Aug. 14
Settlement date:	Aug. 14
Total issuance:	KZT 143.25 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, KZT 35 billion issued on Feb. 18 and KZT 50 billion issued on June 10

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