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Prospect News home > News index > List of issuers D > Headlines for Development Bank of Kazakhstan > News item
Published on 8/2/2016 in the Prospect News Emerging Markets Daily.

New Issue: Development Bank of Kazakhstan sells KZT 17.5 billion 14% 10-year bonds

By Marisa Wong

Morgantown, W.Va., Aug. 2 – Development Bank of Kazakhstan placed KZT 17.5 billion of 10-year bonds with a coupon of 14% at a special trading session on Monday, according to a Kazakhstan Stock Exchange announcement.

The bank is based in Astana, Kazakhstan.

Issuer:Development Bank of Kazakhstan
Issue:Bonds
Amount:KZT 17.5 billion
Maturity:Aug. 1, 2026
Coupon:14%
Trade date:Aug. 1

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