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Published on 4/28/2020 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 150 billion more 7.68% treasury bonds due 2030

By Marisa Wong

Los Angeles, April 28 – The Kazakhstan Finance Ministry sold KZT 150 billion of additional 7.68% long-term treasury bonds due Feb. 4, 2030 (Meukam-180, 12th issue) at a repeated special trading session held on Monday.

The “clean” price was 83.5166, corresponding to a yield of 10.44%.

The amount sold represented 100% of the issuer’s planned placement.

Prior to Monday’s auction, the issue totaled KZT 383,746,867,000. The 7.68% bonds were registered in February 2015.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meukam-180, 12th issue)
Amount:KZT 150 billion
Maturity:Feb. 4, 2030
Coupon:7.68%
Price:83.5166
Yield:10.44%
Trade date:April 28
Total issuance:KZT 533,746,867,000

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