New Issue: Kazakhstan auctions KZT 28.4 billion more 7.68% treasury bonds of 2030

By Marisa Wong

Morgantown, W.Va., Oct. 8 – The Kazakhstan Finance Ministry said it accepted orders for KZT 28.4 billion of additional 7.68% long-term treasury bonds (Meukam-180, 12th issue) at a special trading session held on Wednesday.

This brings the total size of the issue to KZT 63.75 billion. The initial KZT 5 billion of 15-year bonds settled on Feb. 4, 2015, an additional KZT 30 billion settled on March 11, 2015 and another KZT 347 million settled on June 17.

The newest bonds were auctioned at a net price of 100.4503 to yield 7.62%.

The amount of accepted orders represents 95% of the issuer’s planned issuance of KZT 30 billion of bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Long-term treasury bonds (Meukam-180, 12th issue)
Amount:	KZT 28,399,867,000
Maturity:	Feb. 4, 2030
Coupon:	7.68%, payable annually
Price:	100.4503
Yield:	7.62%
Auction date:	Oct. 7
Settlement date:	Oct. 7

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