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Published on 4/11/2017 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 5 billion three-year treasury bonds to yield 9.1%

By Marisa Wong

Morgantown, W.Va., April 11 – The Kazakhstan Finance Ministry said it sold KZT 5 billion of mid-term treasury bonds (Meokam-36, 89th issue) at a special trading session held on Monday.

The three-year bonds were sold at a 9.1% yield.

Pricing details were not disclosed.

The amount of accepted orders represents 27.8% of the issuer’s planned placement of KZT 18 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Mid-term treasury bonds (Meokam-36, 89th issue)
Amount:KZT 5 billion
Maturity:April 10, 2020
Yield:9.1%
Auction date:April 10
Settlement date:April 10

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