New Issue: Kazakhstan sells KZT 20 billion more 5% treasury bonds due 2023

By Marisa Wong

Los Angeles, May 22 – The Kazakhstan Finance Ministry sold KZT 20 billion of additional 5% long-term treasury bonds due May 15, 2023 (Meukam-132, fifth issue) at a special trading session held on Wednesday.

The bonds were sold at a weighted average “clean” price of 85.5970, corresponding to a weighted average yield 10.9062%, according to a notice.

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

The issuer previously sold KZT 24,150,800,000 of the 5% bonds due 2023.

Issuer:	Kazakhstan Finance Ministry
Issue:	Mid-term treasury bonds (Meukam-132, fifth issue)
Amount:	KZT 20 billion
Maturity:	May 15, 2023
Coupon:	5%
Price:	85.5970
Yield:	10.9062%
Auction date:	May 15
Settlement date:	May 15
Total issuance:	KZT 44,150,800,000

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