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Published on 7/3/2017 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 250 billion of 9.4% six-year treasury bonds

By Marisa Wong

Morgantown, W.Va., July 3 – The Kazakhstan Finance Ministry said it sold KZT 250 billion of long-term treasury bonds (Meukam-72, 12th issue) at a special trading session held on Monday.

The six-year bonds have a fixed coupon of 9.4%.

Pricing details were not disclosed.

The amount of accepted orders represents 100% of the issuer’s planned placement.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meukam-72, 12th issue)
Amount:KZT 250 billion
Maturity:July 3, 2023
Coupon:9.4%
Auction date:July 3
Settlement date:July 3

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