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Published on 5/2/2018 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 30 billion more 7.68% treasury bonds due 2030

By Marisa Wong

Morgantown, W.Va., May 2 – The Kazakhstan Finance Ministry said it sold KZT 30 billion of additional 7.68% long-term treasury bonds due Feb. 4, 2030 (Meukam-180, 12th issue) at a repeated special trading session held on Wednesday.

The “clean” price was 94.412, corresponding to a yield of 8.44%.

The amount priced represented 100% of the issuer’s planned placement.

The issuer had previously sold KZT 63,746,867,000 of the 7.68% bonds, which were registered in February 2015.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meukam-180, 12th issue)
Amount:KZT 30 billion
Maturity:Feb. 4, 2030
Coupon:7.68%
Price:94.412
Yield:8.44%
Trade date:May 2
Total issuance:KZT 93,746,867,000

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