New Issue: Kazakhstan sells KZT 3 billion more 9˝% treasury bonds due 2022

By Marisa Wong

Los Angeles, March 18 – The Kazakhstan Finance Ministry sold KZT 3 billion of additional 9˝% mid-term treasury bonds due 2022 (Meokam-60, 51st issue) at a special trading session held on Wednesday.

The bonds were sold at a “clean” price of 95.0836 to yield 12%, according to a notice.

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

The issuer previously sold KZT 270,847,000,000 of the 9˝% bonds due 2022.

Issuer:	Kazakhstan Finance Ministry
Issue:	Mid-term treasury bonds (Meokam-60, 51st issue)
Amount:	KZT 3 billion
Maturity:	July 3, 2022
Coupon:	9˝%
Price:	95.0836
Yield:	12%
Auction date:	March 18
Settlement date:	March 18
Total issuance:	KZT 273,847,000,000, including KZT 250 billion issued on July 3, 2017, KZT 5 billion issued on Sept. 11, 2019, KZT 6 billion issued on Oct. 21, KZT 6 billion issued on Nov. 25, KZT 847 million issued on Feb. 5 and KZT 3 billion issued on Feb. 26

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