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Published on 12/29/2017 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan’s Bank RBK sells KZT 60 billion 4% 15-year bonds at 99.5888

By Marisa Wong

Morgantown, W.Va., Dec. 29 – JSC Bank RBK placed KZT 60 billion of 4% bonds due 2032 at a special trading session held on Friday, according to a Kazakhstan Stock Exchange notice.

The“clean” price for the bonds was 99.5888, corresponding to a yield to maturity of 4.04%.

The Almaty, Kazakhstan-based bank had planned to place KZT 40 billion of the bonds at Friday’s session.

Issuer:JSC Bank RBK
Issue:Bonds
Amount:KZT 60 billion
Maturity:Nov. 22, 2032
Coupon:4%
Price:99.5888
Yield:4.04%
Trade date:Dec. 29

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