By Marisa Wong
Madison, Wis., July 23 – ATF Bank placed KZT 19.75 billion of 9.9% bonds due 2023 on Thursday, according to a Kazakhstan Stock Exchange announcement.
The net price was 96.8940 to yield 10.3%.
The bank registered to issue KZT 50 billion of the bonds in February and had planned to place KZT 32,846,600,000 at Thursday’s trading session.
Halyk Finance acted as seller.
The bank is based in Almaty, Kazakhstan.
Issuer: | ATF Bank
|
Issue: | Bonds
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Amount: | KZT 19,746,077,000
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Maturity: | Feb. 10, 2023
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Coupon: | 9.9%
|
Net price: | 96.8940
|
Yield: | 10.3%
|
Seller: | Halyk Finance
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Trade date: | July 23
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