By Marisa Wong
Los Angeles, Oct. 7 – Development Bank of Kazakhstan placed KZT 20 billion of 0.15% 20-year bonds at a special trading session held on Monday, according to a Kazakhstan Stock Exchange notice.
The bonds were sold at a “clean” price of par to yield 0.15%.
The amount placed represents 100% of the issuer’s planned placement.
The bank is based in Nur-Sultan, Kazakhstan.
| Issuer: | Development Bank of Kazakhstan
|
| Issue: | Bonds
|
| Amount: | KZT 20 billion
|
| Maturity: | 20 years
|
| Coupon: | 0.15%
|
| Price: | Par
|
| Yield: | 0.15%
|
| Trade date: | Oct. 7
|
| Settlement date: | Oct. 7
|
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