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Published on 5/30/2019 in the Prospect News Emerging Markets Daily.

New Issue: Kyzylorda, Kazakhstan, places KZT 2 billion more 0.35% bonds due 2021

By Marisa Wong

Morgantown, W.Va., May 30 – The local executive body of the region of Kyzylorda, Kazakhstan, placed KZT 2 billion of additional 0.35% debt securities due 2021 at a special trading session held on Wednesday, according to a Kazakhstan Stock Exchange announcement.

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

The amount sold represents 100% of the issuer’s planned placement. The issuer had registered to issue a total of KZT 5,206,155,000 of the bonds and sold an initial KZT 1 billion in April.

Issuer:Kyzylorda Region, Kazakhstan
Issue:Debt securities
Amount:KZT 2 billion
Maturity:April 10, 2021
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:May 29
Settlement date:May 29
Total issuance:KZT 3 billion, including KZT 1 billion issued on April 10

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