New Issue: Almaty, Kazakhstan, places KZT 2 billion more 0.35% bonds due 2022

By Marisa Wong

Los Angeles, May 22 – The local executive body of the Almaty region of Kazakhstan placed KZT 2 billion of additional 0.35% debt securities due 2022 at a special trading session held on Wednesday, according to a Kazakhstan Stock Exchange announcement.

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

Proceeds will be used to fund housing construction as part of state and government programs.

The issuer had registered to issue a total of KZT 4 billion of the bonds and previously sold KZT 2 billion of the bonds.

Issuer:	Almaty Region, Kazakhstan
Issue:	Debt securities, add-on
Amount:	KZT 2 billion
Maturity:	April 6, 2022
Coupon:	0.35%
Trade date:	May 20
Settlement date:	May 20
Total issuance:	KZT 4 billion, including KZT 2 billion issued on April 6

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