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Published on 6/17/2020 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 4.95 billion more 7.68% treasury bonds due 2030

By Marisa Wong

Los Angeles, June 17 – The Kazakhstan Finance Ministry sold KZT 4.95 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 Tuesday.

The “clean” price was 81.6515, corresponding to a yield of 10.8246%.

The amount sold represented 164.9% of the issuer’s planned placement of KZT 3 billion of bonds.

Prior to Monday’s auction, the issue totaled KZT 533,746,867,000. The 7.68% bonds were registered in February 2015.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meukam-180, 12th issue)
Amount:KZT 4,948,000,000
Maturity:Feb. 4, 2030
Coupon:7.68%
Price:81.6515
Yield:10.8246%
Trade date:June 16
Total issuance:KZT 538,694,867,000

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