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Published on 10/11/2017 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan’s Eurasian Development Bank sells KZT 20 billion 9.4% three-year bonds

By Marisa Wong

Morgantown, W.Va., Oct. 11 – JSC Eurasian Development Bank sold KZT 20 billion of 9.4% three-year bonds at a special trading session held on Tuesday, according to a Kazakhstan Stock Exchange announcement.

Pricing details were not disclosed in the announcement.

Active orders totaled KZT 28.54 billion. The amount of orders accepted represents 100% of the issuer’s planned placement.

The bank is based in Almaty, Kazakhstan.

Issuer:JSC Eurasian Development Bank
Issue:Bonds
Amount:KZT 20 billion
Maturity:Three years
Coupon:9.4%
Settlement date:Oct. 10

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