New Issue: Kazakhstan sells KZT 17.5 billion more 8.07% treasury bonds due 2035

By Marisa Wong

Morgantown, W.Va., June 25 – Kazakhstan’s Ministry of Finance sold KZT 17.5 billion of additional 8.07% long-term treasury bonds due Jan. 29, 2035 (Meukam-240, fourth issue) at a repeated special trading session held on Monday, according to a Kazakhstan Stock Exchange notice.

The “clean” price was 96.4238, corresponding to a yield of 8.47%.

The amount priced represents 350% of the issuer’s planned placement of KZT 5 billion of bonds.

The total amount of the Meukam-240, fourth issue bonds is now KZT 170,296,452,000.

Issuer:	Kazakhstan’s Ministry of Finance
Issue:	Long-term treasury bonds (Meukam-240, fourth issue)
Amount:	KZT 17.5 billion
Maturity:	Jan. 29, 2035
Coupon:	8.07%
Price:	96.4238
Yield:	8.47%
Auction date:	June 25
Settlement date:	June 25
Total issuance:	KZT 170,296,452,000

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