New Issue: Kazakhstan sells KZT 60 billion more 7.68% treasury bonds due 2030

By Marisa Wong

Morgantown, W.Va., Sept. 11 – The Kazakhstan Finance Ministry sold KZT 60 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 Monday.

The “clean” price was 94.5646, corresponding to a yield of 8.43%.

The amount priced represented 200% of the issuer’s planned placement.

Prior to Monday’s auction, there was KZT 233,746,867,000 principal amount outstanding. The 7.68% bonds were registered in February 2015.

Issuer:	Kazakhstan Finance Ministry
Issue:	Long-term treasury bonds (Meukam-180, 12th issue)
Amount:	KZT 60 billion
Maturity:	Feb. 4, 2030
Coupon:	7.68%
Price:	94.5646
Yield:	8.43%
Trade date:	Sept. 10
Total issuance:	KZT 293,746,867,000

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