New Issue: Kazakhstan sells KZT 8.2 billion more 5˝% bonds due 2026 at 79.8009 to yield 8.9%

By Marisa Wong

Morgantown, W.Va., Oct. 31 – The Kazakhstan Finance Ministry said it sold KZT 8.2 billion of additional 5˝% long-term treasury bonds due Aug. 18, 2026 (Meukam-180, fourth issue) at a repeated special trading session held on Monday.

The “clean” price for the bonds was 79.8009, corresponding to a yield of 8.9%, according to a Kazakhstan Stock Exchange notice.

The amount of accepted orders represents 164% of the issuer’s planned placement of KZT 5 billion of bonds.

The ministry had registered to issue the bonds in August 2011.

Issuer:	Kazakhstan Finance Ministry
Issue:	Long-term treasury bonds (Meukam-180, fourth issue)
Amount:	KZT 8.2 billion
Maturity:	Aug. 18, 2026
Coupon:	5˝%
Price:	79.8009
Yield:	8.9%
Auction date:	Oct. 30
Settlement date:	Oct. 30
Total issuance:	KZT 51 billion, including KZT 11.5 billion issued on Aug. 18, 2011, KZT 13.5 billion issued on Feb. 17, 2012 and KZT 17.8 billion issued on Feb. 19, 2014

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