By Susanna Moon
Chicago, Nov. 16 – The European Bank for Reconstruction and Development priced KZT 34 billion of five-year bonds linked to the Consumer Price Index plus a spread of 10 basis points.
The Eurobond was launched on Monday and is the first to be linked to the CPI calculated by the Agency of the Republic of Kazakhstan on Statistics, according to a notice.
Citi Global Markets Ltd. is the manager.
EBRD is a lender to banks, businesses and industries based in London.
| Issuer: | European Bank for Reconstruction and Development
|
| Issue: | Bonds
|
| Amount: | KZT 34 billion
|
| Maturity: | Five years
|
| Manager: | Citi Global Markets Ltd.
|
| Coupon: | Consumer Price Index plus 10 bps
|
| Settlement date: | Nov. 21
|
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