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Published on 11/27/2017 in the Prospect News Emerging Markets Daily.

New Issue: South Kazakhstan places KZT 2.3 billion 0.35% two-year bonds at par

By Marisa Wong

Morgantown, W.Va., Nov. 27 – The local executive body of the region of South Kazakhstan placed KZT 2.3 billion of 0.35% two-year debt securities 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 issued represents 100% of the issuer’s planned placement.

Issuer:South Kazakhstan Region
Issue:Debt securities
Amount:KZT 2.3 billion
Maturity:Nov. 23, 2019
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:Nov. 23
Settlement date:Nov. 23

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