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Published on 6/22/2018 in the Prospect News Emerging Markets Daily.

New Issue: Aktobe, Kazakhstan, places KZT 87.89 million 0.35% bonds due 2020

By Marisa Wong

Morgantown, W.Va., June 22 – The local executive body of the Aktobe Region of Kazakhstan placed KZT 87,892,000 of 0.35% debt securities due April 20, 2020 at a special trading session held on Friday, according to a Kazakhstan Stock Exchange announcement.

The “clean” price for the bonds was par, corresponding to a yield of 0.35%.

The amount issued represents 100% of the issuer’s planned placement.

The issuer had previously registered to issue a total of KZT 4.5 billion of the bonds and placed KZT 1,024,557,000 on April 20.

Issuer:Aktobe Region
Issue:Debt securities
Amount:KZT 87,892,000
Maturity:April 20, 2020
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:June 22
Settlement date:June 22
Total issuance:KZT 1,112,449,000, including KZT 1,024,557,000 sold on April 20

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