New Issue: Kazakhstan sells KZT 847 million more 9˝% treasury bonds due 2022

By Marisa Wong

Los Angeles, Feb. 6 – The Kazakhstan Finance Ministry said it sold KZT 847 million of additional 9˝% mid-term treasury bonds due 2022 (Meokam-60, 51st issue) at a special trading session held on Wednesday.

The bonds were sold at a “clean” price of 99.9839 to yield 9˝%, according to a notice.

The amount of accepted orders represents 28.2% of the issuer’s planned placement of KZT 3 billion of bonds. The issuer previously sold KZT 267 billion of the 9˝% bonds due 2022.

Issuer:	Kazakhstan Finance Ministry
Issue:	Mid-term treasury bonds (Meokam-60, 51st issue)
Amount:	KZT 847 million
Maturity:	July 3, 2022
Coupon:	9˝%
Price:	99.9839
Yield:	9˝%
Auction date:	Feb. 5
Settlement date:	Feb. 5
Total issuance:	KZT 267,847,000,000, including KZT 250 billion issued on July 3, 2017, KZT 5 billion issued on Sept. 11, KZT 6 billion issued on Oct. 21 and KZT 6 billion issued on Nov. 25

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