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Prospect News home > News index > List of issuers D > Headlines for Development Bank of Kazakhstan > News item
Published on 7/24/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Development Bank of Kazakhstan buys back KZT 30 billion 14% bonds

By Susanna Moon

Chicago, July 24 – Development Bank of Kazakhstan said it repurchased KZT 30 billion of its 14% bonds due 2019 last Friday “at market value.”

The bank said on July 10 that it planned to repurchase the bonds at 104.55.

The buyback was the first issue within the second bond program, according to the notice Tuesday.

The issuer is based in Astana, Kazakhstan.


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