New Issue: Kazakhstan’s Eurasian Development sells KZT 50 billion five-year bonds

By Marisa Wong

Morgantown, W.Va., May 28 – Kazakhstan’s JSC Eurasian Development Bank sold KZT 50 billion of 9½% five-year bonds at special trading sessions held on Monday, according to Kazakhstan Stock Exchange announcements.

The bonds were sold in three tranches of KZT 10 billion, KZT 20 billion and KZT 20 billion.

The bank is based in Almaty, Kazakhstan.

Issuer:	JSC Eurasian Development Bank
Issue:	Bonds
Amount:	KZT 50 billion (in tranches of KZT 10 billion, KZT 20 billion, KZT 20 billion)
Maturity:	May 27, 2024
Coupon:	9½%
Settlement date:	May 27

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