New Issue: Kazakhstan sells KZT 4 billion more 8.05% treasury bonds due 2024

By Marisa Wong

Los Angeles, Nov. 5 – The Kazakhstan Finance Ministry said it sold KZT 4 billion of additional 8.05% long-term treasury bonds due 2024 (Meukam-180, first issue) at a special trading session held on Monday.

The bonds were sold at a “clean” price of 94.2025 to yield 9.66%, according to a notice.

The amount of accepted orders represents 100% of the issuer’s planned placement. The issuer previously sold KZT 12.95 billion of the bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Long-term treasury bonds (Meukam-180, first issue)
Amount:	KZT 4 billion
Maturity:	May 20, 2024
Coupon:	8.05%
Price:	94.2025
Yield:	9.66%
Auction date:	Nov. 4
Settlement date:	Nov. 4
Total issuance:	KZT 16.95 billion

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