Published on 6/17/2013 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan's CenterCredit sells KZT 200 million inflation bonds to yield 7.9987%
By Marisa Wong
Madison, Wis., June 17 - JSC Bank CenterCredit said it sold KZT 200 million of inflation-linked bonds due 2019 on the Kazakhstan Stock Exchange on Thursday, raising KZT 200.71 million.
The net price for the bonds was par, corresponding to a yield to maturity of 7.9987%.
The Almaty, Kazakhstan-based bank registered to issue KZT 12 billion of these inflation-linked bonds in November 2009 under a KZT 100 billion bond program.
| Issuer: | JSC Bank CenterCredit
|
| Issue: | Bonds
|
| Amount: | KZT 200 million
|
| Proceeds: | KZT 200,711,111
|
| Maturity: | Nov. 26, 2019
|
| Coupon: | Inflation-linked
|
| Net price: | Par
|
| Yield: | 7.9987%
|
| Placement date: | June 13
|
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