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Prospect News home > News index > List of issuers D > Headlines for Development Bank of Kazakhstan > News item
Published on 11/7/2012 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Development Bank of Kazakhstan to buy back five-year eurobonds

By Marisa Wong

Madison, Wis., Nov. 7 - JSC Development Bank of Kazakhstan plans to repurchase a portion of its outstanding five-year eurobonds, according to a Kazakhstan Stock Exchange announcement.

The Astana, Kazakhstan-based bank also said it is considering an issuance of up to $1 billion of new 10-year eurobonds sometime in the fourth quarter.


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