By Marisa Wong
Morgantown, W.Va., Dec. 23 – National Managing Holding KazAgro sold KZT 37.1 billion of 15% 15-year bonds at a special trading session held on Friday, according to a Kazakhstan Stock Exchange announcement.
The weighted average net price for the bonds was par for a weighted average yield of 15%.
KazAgro supports government grain reserves, provides loans and invests in financial leasing in the agricultural sector. The issuer is based in Astana, Kazakhstan.
| Issuer: | National Managing Holding KazAgro
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| Issue: | Bonds
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| Amount: | KZT 37.1 billion
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| Maturity: | 15 years
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| Coupon: | 15%
|
| Price: | Par
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| Yield: | 15%
|
| Trade date: | Dec. 23
|
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