New Issue: Kazakhstan sells KZT 30.22 billion more 8.07% treasury bonds

By Marisa Wong

Los Angeles, Feb. 11 – Kazakhstan’s Ministry of Finance sold KZT 30,223,000,000 of additional 8.07% long-term treasury bonds due Jan. 29, 2035 (Meukam-240, fourth issue) at a repeated special trading session held on Monday, according to a Kazakhstan Stock Exchange notice.

The “clean” price was 88.8057, corresponding to a yield of 9½%.

The amount priced represents 120.9% of the issuer’s planned placement of KZT 25 billion of bonds.

The latest issuance brings the total amount of the Meukam-240, fourth issue bonds to KZT 399,876,073,000, according to the notice.

Issuer:	Kazakhstan’s Ministry of Finance
Issue:	Long-term treasury bonds (Meukam-240, fourth issue)
Amount:	KZT 30,223,000,000
Maturity:	Jan. 29, 2035
Coupon:	8.07%
Price:	88.8057
Yield:	9½%
Auction date:	Feb. 10
Settlement date:	Feb. 10
Total issuance:	KZT 399,876,073,000

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