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Published on 8/12/2014 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Kazakhstan Mortgage buys back KZT 2.5 billion of 6% bonds due 2018

By Marisa Wong

Madison, Wis., Aug. 12 – Kazakhstan Mortgage Co. made a partial buyback of its 6% bonds due 2018 on Aug. 7, according to a Kazakhstan Stock Exchange notice.

The company purchased KZT 2.5 billion of the bonds for KZT 2,994,255,000.

The company had registered to issue KZT 30 billion of the five-year bonds and settled the first tranche on July 26, 2013.

The lender is based in Almaty, Kazakhstan.


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