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Published on 6/13/2018 in the Prospect News Emerging Markets Daily.

New Issue: Kostanay, Kazakhstan, places KZT 3.35 billion 0.35% bonds due 2020

By Marisa Wong

Morgantown, W.Va., June 13 – The local executive body of the region of Kostanay, Kazakhstan, placed KZT 3.35 billion of 0.35% debt securities due March 6, 2020 at a special trading session held on Tuesday, 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 63% of the issuer’s planned placement of KZT 5,313,145,000 of bonds. The issuer had registered to issue up to KZT 6,533,231,000 of bonds and placed KZT 1,220,086,000 of the bonds in March.

Issuer:Kostanay region, Kazakhstan
Issue:Debt securities
Amount:KZT 3,346,930,000
Maturity:March 6, 2020
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:June 12
Settlement date:June 12

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