By Marisa Wong
Morgantown, W.Va., Aug. 4 – Samuryk-Kazyna placed KZT 25 billion of 10½% bonds due Aug. 3, 2027 at a special trading session held on Thursday, according to a Kazakhstan Stock Exchange notice.
Exact pricing was not disclosed.
Of the KZT 38.31 billion of orders submitted, 86.1% were from institutional investors, 7.8% from legal entities, 3.4% from brokerage firms, 2.6% from second-tier banks and 0.03% from individuals.
The issuer registered to issue up to KZT 34.5 billion of the bonds in March 2009.
The sovereign wealth fund is based in Astana, Kazakhstan.
Issuer: | Samuryk-Kazyna
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Issue: | Fixed-rate bonds
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Amount: | KZT 25 billion
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Maturity: | Aug. 3, 2027
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Coupon: | 10½%
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Trade date: | Aug. 3
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