By Marisa Wong
Madison, Wis., April 21 – Halyk Savings Bank of Kazakhstan JSC sold another KZT 30 billion of 7½% 10-year bonds at a special trading session held on Monday, according to a Kazakhstan Stock Exchange announcement.
The net price for the bonds was 94.6836, corresponding to a yield of 8.3%.
The amount of orders accepted represents 150% of the issuer’s planned placement of KZT 20 billion of bonds.
The issuer had registered to issue a total of KZT 170 billion of the 7½% bonds. The Almaty, Kazakhstan-based bank placed an initial KZT 21.13 billion of the bonds on Feb. 12 and an additional KZT 30 billion on March 3.
| Issuer: | Halyk Savings Bank of Kazakhstan JSC
|
| Issue: | Bonds
|
| Amount: | KZT 30 billion
|
| Maturity: | Feb. 12, 2025
|
| Coupon: | 7½%
|
| Price: | 94.6836
|
| Yield: | 8.3%
|
| Trade date: | April 20
|
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