By Marisa Wong
Los Angeles, June 3 – The local executive body of the region of East Kazakhstan placed KZT 5 billion of 0.35% two-year debt securities at a special trading session held on Tuesday, according to a Kazakhstan Stock Exchange announcement.
The amount issued represents 100% of the issuer’s planned placement and the full registered amount.
Proceeds were used for financing housing construction as part of implementation of state and government programs.
Issuer: | East Kazakhstan Region
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Issue: | Debt securities
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Amount: | KZT 5 billion
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Maturity: | June 2, 2022
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Coupon: | 0.35%
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Trade date: | June 2
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Settlement date: | June 2
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