New Issue: Kazakhstan sells KZT 30 billion more 8.45% bonds due 2032

By Marisa Wong

Morgantown, W.Va., May 13 – Kazakhstan’s Ministry of Finance sold KZT 30 billion of additional 8.45% long-term treasury bonds due April 16, 2032 (Meukam-168, third issue) at a repeated special trading session held on Monday, according to a Kazakhstan Stock Exchange notice.

The “clean” price was 99.1357, corresponding to a yield of 8.56%.

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

This brings the total amount of the Meukam-168, third issue bonds to KZT 201,570,558,000, according to the notice.

Issuer:	Kazakhstan’s Ministry of Finance
Issue:	Long-term treasury bonds (Meukam-168, third issue)
Amount:	KZT 30 billion
Maturity:	April 16, 2032
Coupon:	8.45%
Price:	99.1357
Yield:	8.56%
Auction date:	May 13
Settlement date:	May 13
Total issuance:	KZT 201,570,558,000

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