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Published on 6/12/2018 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 25 billion more 8.44% treasury bonds due 2031

By Marisa Wong

Morgantown, W.Va., June 12 – The Kazakhstan Finance Ministry said it sold KZT 25 billion of additional 8.44% long-term treasury bonds due May 10, 2031 (Meukam-156, sixth issue) at a repeated special trading session held on Monday.

The “clean” price was 99.9734.

The amount of accepted orders represents 100% of the issuer’s planned placement.

The issuer had previously sold KZT 25 billion of the 8.44% bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meukam-156, sixth issue)
Amount:KZT 25 billion
Maturity:May 10, 2031
Coupon:8.44%
Price:99.9734
Auction date:June 11
Settlement date:June 11
Total issuance:KZT 50 billion, including KZT 25 billion issued on May 10

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