By Marisa Wong
Madison, Wis., Feb. 19 – JSC Fund of Financial Support for Agriculture placed KZT 5.19 billion of 8½% bonds due 2019 at a special trading session on Thursday, according to a Kazakhstan Stock Exchange notice.
The bonds were placed at a net price of 99.9825 to yield 8½%.
The company had registered to issue KZT 6 billion of the 8½% bonds in December. The amount placed at Tuesday’s trading session represents 86% of the issuer’s planned placement of KZT 6 billion of bonds.
Fund of Financial Support for Agriculture is an Astana, Kazakhstan-based specialized financial and credit institution and a member of JSC National Managing Holding KazAgro.
| Issuer: | Fund of Financial Support for Agriculture JSC
|
| Issue: | Bonds
|
| Amount: | KZT 5.19 billion
|
| Maturity: | Dec. 30, 2019
|
| Coupon: | 8½%
|
| Price: | 99.9825
|
| Yield: | 8½%
|
| Trade date: | Feb. 19
|
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