New Issue: Almaty, Kazakhstan, sells KZT 1 billion more 0.35% bonds due 2021

By Marisa Wong

Los Angeles, Aug. 7 – The local executive body of the Almaty region of Kazakhstan placed KZT 1 billion of additional 0.35% debt securities due 2021 at a special trading session held on Wednesday, 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 had registered to issue up to KZT 2,805,006,000 of the bonds and placed an initial KZT 1,230,200,000 on May 28.

Issuer:	Almaty, Kazakhstan
Issue:	Debt securities
Amount:	KZT 1 billion
Maturity:	May 28, 2021
Coupon:	0.35%
Price:	Par
Yield:	0.35%
Trade date:	Aug. 7
Settlement date:	Aug. 7
Total issuance:	KZT 2,230,200,000, including KZT 1,230,200,000 issued on May 28

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