Published on 7/2/2020 in the Prospect News Emerging Markets Daily.
New Issue: Kyzylorda, Kazakhstan, places KZT 895.45 million 0.35% two-year bonds
By Marisa Wong
Los Angeles, July 2 – The local executive body of the region of Kyzylorda, Kazakhstan, placed KZT 895,454,000 of 0.35% two-year debt securities at a special trading session held on Tuesday, according to a Kazakhstan Stock Exchange announcement.
The amount sold represents 100% of the issuer’s planned placement and the full registered amount.
Proceeds will be used to fund housing construction as part of implementation of state and government programs.
Issuer: | Kyzylorda Region, Kazakhstan
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Issue: | Debt securities
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Amount: | KZT 895,454,000
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Maturity: | June 30, 2022
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Coupon: | 0.35%
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Trade date: | June 30
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Settlement date: | June 30
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