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Published on 8/20/2018 in the Prospect News Emerging Markets Daily.

New Issue: Atyrau, Kazakhstan, places KZT 3.84 billion more 0.35% bonds due 2020

By Marisa Wong

Morgantown, W.Va., Aug. 20 – The local executive body of the region of Atyrau, Kazakhstan, placed KZT 3.84 billion of 0.35% debt securities due May 5, 2020 at a special trading session held on Monday, according to a Kazakhstan Stock Exchange announcement.

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

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

The issuer had previously registered to issue up to KZT 11,916,174,000 of the bonds and placed KZT 1.4 billion of the bonds on May 5, another KZT 1 billion on June 13 and KZT 3,233,025,000 more on June 28.

Issuer:Atyrau Region, Kazakhstan
Issue:Debt securities
Amount:KZT 3,842,825,000
Maturity:May 5, 2020
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:Aug. 20
Settlement date:Aug. 20
Total issuance:KZT 9,475,850,000, including KZT 1.4 billion on May 5, KZT 1 billion on June 13, KZT 3,233,025,000 on June 28

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