New Issue: Almaty, Kazakhstan, places KZT 1.74 billion more 0.35% bonds due 2020

By Marisa Wong

Morgantown, W.Va., Aug. 27 – The local executive body of the city of Almaty, Kazakhstan, placed KZT 1.74 billion of additional 0.35% debt securities due March 5, 2020 at a special trading session held on Monday, according to a Kazakhstan Stock Exchange announcement.

The “clean” price for the bonds was par, corresponding to a yield of 0.35%.

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

The issuer previously registered to issue KZT 9,867,193,000 of the bonds and sold the original KZT 2 billion on March 5, another KZT 3,822,682,000 on June 8 and a further KZT 680,818,000 on June 28.

Issuer:	Almaty, Kazakhstan
Issue:	Debt securities
Amount:	KZT 1,739,204,000
Maturity:	March 5, 2020
Coupon:	0.35%
Price:	Par
Yield:	0.35%
Trade date:	Aug. 27
Settlement date:	Aug. 27
Total issuance:	KZT 8,242,704,000, including KZT 2 billion issued on March 5, KZT 3,822,682,000 issued on June 8, KZT 680,818,000 issued on June 28

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