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Published on 11/26/2013 in the Prospect News Emerging Markets Daily.

Kazakhstan's Nurbank places none of planned 7% bonds due 2023

By Marisa Wong

Madison, Wis., Nov. 26 - JSC Nurbank held a special trading session on the Kazakhstan Stock Exchange to place KZT 12.8 billion of 7% bonds due June 5, 2023. No bonds were placed at Tuesday's trading session due to an absence of orders.

The Almaty, Kazakhstan-based bank registered to issue KZT 16 billion of the 7% bonds in June.


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