New Issue: West Kazakhstan places KZT 1.85 billion more 0.35% bonds due 2020

By Marisa Wong

Morgantown, W.Va., Nov. 1 – The local executive body of the West Kazakhstan Region placed KZT 1,845,145,000 of 0.35% debt securities due May 11, 2020 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.

The issuer had previously registered to issue KZT 8,502,093,000 of the bonds and sold an initial KZT 715,159,000 on May 11, an additional KZT 800 million on June 15 and KZT 1,471,416,000 more on Aug. 17.

Issuer:	West Kazakhstan Region
Issue:	Debt securities
Amount:	KZT 1,845,145,000
Maturity:	May 11, 2020
Coupon:	0.35%
Price:	Par
Yield:	0.35%
Trade date:	Nov. 1
Settlement date:	Nov. 1
Total issuance:	KZT 4,831,720,000, including KZT 715,159,000 on May 11, KZT 800 million on June 15 and KZT 1,471,416,000 on Aug. 17

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