New Issue: Kazakhstan sells KZT 10 billion more 8.46% bonds due 2033

By Marisa Wong

Los Angeles, Nov. 14 – Kazakhstan’s Ministry of Finance said it sold KZT 10 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 94.0388, corresponding to a yield of 9.24%.

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

The issuer had previously sold KZT 143.25 billion of the long-term treasury bonds.

Issuer:	Ministry of Finance of Kazakhstan
Issue:	Long-term treasury bonds (Meukam-180, 14th issue)
Amount:	KZT 10 billion
Maturity:	April 23, 2033
Coupon:	8.46%
Price:	94.0388
Yield:	9.24%
Auction date:	Nov. 13
Settlement date:	Nov. 13
Total issuance:	KZT 153.25 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, 2019, KZT 50 billion issued on June 10 and KZT 5 billion issued on Aug. 14

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