By Marisa Wong
Madison, Wis., April 12 - JSC Eurasian Bank said it sold KZT 5.5 billion of 10-year subordinated bonds at a special trading session held on the Kazakhstan Stock Exchange on April 9.
The cut-off price for the bonds was 66.734, corresponding to a yield to maturity of 11.15%.
The bank had intended to offer KZT 3 billion of the bonds.
The issuer is based in Almaty, Kazakhstan.
| Issuer: | JSC Eurasian Bank
|
| Issue: | Subordinated bonds
|
| Amount: | KZT 5.5 billion
|
| Maturity: | 10 years
|
| Cut-off price: | 66.734
|
| Yield: | 11.15%
|
| Trade date: | April 9
|
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