New Issue: Kazakhstan sells KZT 10.25 billion more 8.46% treasury bonds due 2033

By Marisa Wong

Morgantown, W.Va., July 3 – The Kazakhstan Finance Ministry said it sold KZT 10.25 billion of additional 8.46% long-term treasury bonds (Meukam-180, 14th issue) at a special trading session held on Monday.

The “clean” price was 99.9472, corresponding to a yield of 8.46%.

The amount priced represents about 103% of the issuer’s planned placement of KZT 10 billion of bonds.

The issuer had previously sold KZT 23 billion of the 8.46% bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Long-term treasury bonds (Meukam-180, 14th issue)
Amount:	KZT 10.25 billion
Maturity:	April 23, 2033
Coupon:	8.46%
Price:	99.9472
Yield:	8.46%
Auction date:	July 2
Settlement date:	July 2
Total issuance:	KZT 33.25 billion, including KZT 12 billion issued on April 23, KZT 11 billion issued on May 21

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.