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

New Issue: Kazakhstan sells KZT 10.25 billion more 5˝% treasury bonds due 2022

By Marisa Wong

Los Angeles, June 17 – The Kazakhstan Finance Ministry sold KZT 10.25 billion of additional 5˝% long-term treasury bonds due May 5, 2022 (Meukam-144, first issue) at a special trading session held on June 5.

The bonds were sold at a weighed average “clean” price of 91.0899, corresponding to a weighted average yield of 10.8854%.

The amount of accepted orders represents 205% of the issuer’s planned placement of KZT 5 billion of bonds.

The issuer previously sold KZT 28,813,000,000 of the 5˝% bonds due 2022.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meukam-144, first issue)
Amount:KZT 10.25 billion
Maturity:May 5, 2022
Coupon:5˝%
Price:91.0899
Yield:10.8854%
Auction date:June 5
Settlement date:June 5
Total issuance:KZT 39,063,000,000

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