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Kazakhstan’s KazAgro places no additional 8% bonds Wednesday
By Marisa Wong
Madison, Wis., April 1 – JSC National Managing Holding KazAgro held a special trading session on the Kazakhstan Stock Exchange to place KZT 9,943,000,000 of additional 8% bonds due Dec. 29, 2024. No bonds were placed at Wednesday’s session due to a lack of orders.
The company had registered to issue KZT 30 billion of the 8% bonds in December and placed KZT 20,057,000,000 on Feb. 26.
KazAgroFinance provides domestic agricultural producers with access to financing. The issuer is based in Astana, Kazakhstan.
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