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Published on 10/16/2017 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan regions place KZT 6.95 billion 0.35% two-year bonds at par

By Marisa Wong

Morgantown, W.Va., Oct. 16 – Administrative regions of Kazakhstan placed a total of KZT 6.95 billion of 0.35% two-year debt securities at special trading sessions held on Friday, according to Kazakhstan Stock Exchange announcements.

The net price for the bonds was par, corresponding to a yield of 0.35%.

The four local executive bodies are the regions of Jambyl, Almaty, Pavlodar and North Kazakhstan.

Issue:Debt securities
Amount:KZT 6.95 billion
Maturity:Oct. 13, 2019
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:Oct. 13
Jambyl
Issuer:Jambyl Region
Amount:KZT 1.8 billion
Almaty
Issuer:Almaty Region
Amount:KZT 1.55 billion
Pavlodar
Issuer:Pavlodar Region
Amount:KZT 2 billion
North Kazakhstan
Issuer:North Kazakhstan Region
Amount:KZT 1.6 billion

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