New Issue: Kazakhstan sells KZT 50 billion more 8.48% bonds due 2036

By Marisa Wong

Los Angeles, Jan. 27 – Kazakhstan’s Ministry of Finance sold KZT 50 billion of additional 8.48% long-term treasury bonds due July 30, 2036 (Meukam-216, first issue) at a repeated special trading session held on Monday, according to a Kazakhstan Stock Exchange notice.

The “clean” price was 91.5670, corresponding to a yield of 9½%.

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

The issuer previously sold a total of KZT 83,675,249,000 of the Meukam-216, first issue bonds.

Issuer:	Kazakhstan’s Ministry of Finance
Issue:	Long-term treasury bonds (Meukam-216, first issue)
Amount:	KZT 50 billion
Maturity:	July 30, 2036
Coupon:	8.48%
Price:	91.5670
Yield:	9½%
Trade date:	Jan. 27
Settlement date:	Jan. 27
Total issuance:	KZT 133,675,249,000

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