New Issue: Kazakhstan places KZT 34.57 million more 8.07% treasury bonds due 2035

By Marisa Wong

Madison, Wis., March 27 – The Kazakhstan Finance Ministry said it accepted orders for another KZT 34.57 billion of 8.07% long-term treasury bonds (Meukam-240, fourth issue) at a special trading session held on Friday.

This brings the total size of the issue to KZT 104.57 billion. The initial KZT 50 billion of 20-year bonds settled on Jan. 29, and an additional KZT 20 billion settled on Feb. 11.

The newest bonds were auctioned at a net price of 99.9581 to yield 8.07%.

The amount of accepted orders represents 86% of the issuer’s planned placement of KZT 40 billion of bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Long-term treasury bonds (Meukam-240, fourth issue)
Amount:	KZT 34,565,080,000
Maturity:	Jan. 29, 2035
Coupon:	8.07%, payable annually
Net price:	99.9581
Yield:	8.07%
Auction date:	March 27
Settlement date:	March 27

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