New Issue: Kazakhstan sells KZT 6.19 billion more 9% treasury bonds due 2027

By Marisa Wong

Los Angeles, Feb. 19 – Kazakhstan’s Ministry of Finance sold KZT 6,194,000,000 of additional long-term treasury bonds (Meukam-120, 18th issue) at a special trading session held on Wednesday.

The latest 9% bonds due 2027 were sold at a “clean” price of 97.3368 to yield 9˝%.

The amount of accepted orders represents 103% of the issuer’s planned placement of KZT 6 billion of bonds.

The issuer previously issued KZT 256,000,012,000 of the bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Long-term treasury bonds (Meukam-120, 18th issue), add-on
Amount:	KZT 6,194,000,000
Maturity:	July 3, 2027
Coupon:	9%
Price:	97.3368
Yield:	9˝%
Trade date:	Feb. 19
Settlement date:	Feb. 19
Total issuance:	KZT 262,194,012,000

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