By Marisa Wong
Los Angeles, May 12 – The local executive body of Kazakhstan’s Pavlodar region placed KZT 3.1 billion of 0.35% two-year debt securities at a special trading session held on Tuesday, according to a Kazakhstan Stock Exchange announcement.
The amount sold represents 100% of the issuer’s planned placement and the full registered amount.
Pricing details were not disclosed.
The bonds were issued for financing housing construction as part of implementation of state and government programs, according to the announcement.
| Issuer: | Pavlodar Region, Kazakhstan
|
| Issue: | Debt securities
|
| Amount: | KZT 3.1 billion
|
| Maturity: | May 12, 2022
|
| Coupon: | 0.35%
|
| Trade date: | May 12
|
| Settlement date: | May 12
|
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