New Issue: Almaty sells KZT 1.1 billion more 0.35% bonds due 2021

By Marisa Wong

Los Angeles, Aug. 16 – The local executive body of Almaty, Kazakhstan, placed KZT 1,101,008,000 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 8 billion of the bonds and placed an initial KZT 2.24 billion on May 3 and an additional KZT 3 billion on June 13.

Issuer:	Almaty, Kazakhstan
Issue:	Debt securities
Amount:	KZT 1,101,008,000
Maturity:	May 3, 2021
Coupon:	0.35%
Price:	Par
Yield:	0.35%
Trade date:	Aug. 14
Settlement date:	Aug. 14
Total issuance:	KZT 6,337,270,000, including KZT 2,236,262,000 issued on May 3 and KZT 3 billion issued on June 13

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