New Issue: Kazakhstan sells KZT 6 billion more 9˝% treasury bonds due 2022

By Marisa Wong

Los Angeles, April 8 – The Kazakhstan Finance Ministry sold KZT 6 billion of additional 9˝% mid-term treasury bonds due July 3, 2022 (Meokam-60, 51st issue) at a special trading session held on Wednesday.

The bonds were sold at a “clean” price of 97.0646 to yield 11%, according to a notice.

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

The issuer previously sold KZT 278,847,000,000 of the 9˝% bonds due 2022.

Issuer:	Kazakhstan Finance Ministry
Issue:	Mid-term treasury bonds (Meokam-60, 51st issue)
Amount:	KZT 6 billion
Maturity:	July 3, 2022
Coupon:	9˝%
Price:	97.0646
Yield:	11%
Auction date:	April 8
Settlement date:	April 8
Total issuance:	KZT 284,847,000,000, 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, KZT 3 billion issued on Feb. 26, KZT 3 billion issued on March 18 and KZT 5 billion on March 27

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.