By Marisa Wong
Madison, Wis., Feb. 21 - JSC Kazakhstan Mortgage Co. sold KZT 2.98 billion of 8% bonds due 2018 and KZT 3.89 billion of 8½% bonds due 2020 at two separate special trading sessions on Thursday, according to Kazakhstan Stock Exchange notices.
The net price for the 2018 bonds was 99.9910 to yield 8%, and the net price for the 2020 bonds was 99.9898 to yield 8½%.
The issuer had registered to issue KZT 10 billion of the 2018 bonds and KZT 10 billion of the 2020 bonds in July 2013. The company planned to place KZT 2.5 billion of each series of bonds at Thursday's session.
Active orders were received for KZT 3 billion of the 8% bonds and KZT 5.4 billion of the 8½% bonds.
Halyk Finance acted as seller for both trading sessions.
The lender is based in Almaty, Kazakhstan.
Issuer: | JSC Kazakhstan Mortgage Co.
|
Issue: | Bonds
|
Seller: | JSC Halyk Finance
|
Trade date: | Feb. 20
|
Settlement date: | Feb. 20
|
|
2018 bonds
|
Amount: | KZT 2,983,500,000
|
Maturity: | July 26, 2018
|
Coupon: | 8%
|
Net price: | 99.9910
|
Yield: | 8%
|
|
2020 bonds
|
Amount: | KZT 3,893,000,001
|
Maturity: | July 26, 2020
|
Coupon: | 8½%
|
Net price: | 99.9898
|
Yield: | 8½%
|
© 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.