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Published on 8/23/2018 in the Prospect News Emerging Markets Daily.

New Issue: Kostanay, Kazakhstan, sells KZT 33.79 million 0.35% two-year bonds

By Marisa Wong

Morgantown, W.Va., Aug. 23 – The local executive body of the region of Kostanay, Kazakhstan, placed KZT 33,785,000 of 0.35% debt securities due Aug. 23, 2020 at a special trading session held on Thursday, 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 has registered to issue up to KZT 6,335,931,000 of the bonds.

Issuer:Kostanay region, Kazakhstan
Issue:Debt securities
Amount:KZT 33,785,000
Maturity:Aug. 23, 2020
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:Aug. 23
Settlement date:Aug. 23

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