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Published on 9/4/2018 in the Prospect News Emerging Markets Daily.

New Issue: East Kazakhstan places KZT 1.64 billion more 0.35% bonds due 2020

By Marisa Wong

Morgantown, W.Va., Sept. 4 – The local executive body of the region of East Kazakhstan placed KZT 1,640,533,000 of additional 0.35% debt securities due 2020 at a special trading session held on Monday, 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 represents 100% of the issuer’s planned placement.

The issuer previously registered to issue KZT 6,705,048,000 of the bonds and sold KZT 1,282,838,000 on March 6 and a further KZT 3,781,677,000 on June 26.

Issuer:East Kazakhstan
Issue:Debt securities
Amount:KZT 1,640,533,000
Maturity:March 6, 2020
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:Sept. 3
Settlement date:Sept. 3
Total issuance:KZT 6,705,048,000, including KZT 1,282,838,000 issued on March 6 and KZT 3,781,677,000 issued on June 26

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