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Published on 6/29/2018 in the Prospect News Emerging Markets Daily.

New Issue: North Kazakhstan places KZT 1.8 billion more 0.35% bonds due 2020

By Marisa Wong

Morgantown, W.Va., June 29 – The local executive body of the region of North Kazakhstan placed KZT 1.8 billion of additional 0.35% debt securities due April 6, 2020 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 0.35%.

The amount issued represents 100% of the issuer’s planned placement.

The issuer previously registered to issue KZT 6,474,850,000 of the bonds and sold KZT 3.05 billion on April 6.

Issuer:North Kazakhstan
Issue:Debt securities
Amount:KZT 1.8 billion
Maturity:April 6, 2020
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:June 29
Settlement date:June 29
Total issuance:KZT 4.85 billion, including KZT 3.05 billion issued on April 6

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