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Published on 11/18/2015 in the Prospect News Emerging Markets Daily.

Kazakhstan’s Bank of Astana proposes KZT 10 billion 12% 10-year bonds

By Marisa Wong

Morgantown, W.Va., Nov. 18 – Bank of Astana JSC is proposing to issue KZT 10 billion of 12% subordinated bonds, according to a Kazakhstan Stock Exchange announcement.

The 10-year bonds will be issued under the bank’s KZT 20 billion second bond program.

The bank is based in Almaty, Kazakhstan.


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