New Issue: Akmola, Kazakhstan, places KZT 445.49 million 0.35% bonds due 2020

By Marisa Wong

Morgantown, W.Va., May 22 – The local executive body of the Akmola region of Kazakhstan placed KZT 445.49 million of 0.35% debt securities due April 20, 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 issued on Tuesday represents 100% of the issuer’s planned placement.

The issuer registered to issue KZT 1.3 billion of the bonds and placed an initial KZT 244,215,000 on April 20.

Issuer:	Akmola Region
Issue:	Debt securities
Amount:	KZT 445,488,000
Maturity:	April 20, 2020
Coupon:	0.35%
Price:	Par
Yield:	0.35%
Trade date:	May 22
Settlement date:	May 22
Total issuance:	KZT 689,703,000, including KZT 244,215,000 issued April 20

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