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Published on 4/24/2017 in the Prospect News Emerging Markets Daily.

New Issue: South Kazakhstan places KZT 1.42 billion bonds at par to yield 0.15%

By Marisa Wong

Morgantown, W.Va., April 24 – The local executive body of the region of South Kazakhstan placed KZT 1.42 billion of 0.15% two-year debt securities at a special trading session held on Friday, according to a Kazakhstan Stock Exchange announcement.

The “clean” price for the bonds was par, corresponding to a yield of 0.15%.

Issuer:South Kazakhstan
Issue:Debt securities
Amount:KZT 1,423,345,000
Maturity:April 21, 2019
Coupon:0.15%
Price:Par
Yield:0.15%
Trade date:April 21

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