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Published on 6/27/2018 in the Prospect News Emerging Markets Daily.

New Issue: East Kazakhstan places KZT 3.78 billion more 0.35% bonds due 2020

By Marisa Wong

Morgantown, W.Va., June 27 – The local executive body of the region of East Kazakhstan placed KZT 3,781,677,000 of additional 0.35% debt securities due 2020 at a special trading session held on Tuesday, according to a Kazakhstan Stock Exchange announcement.

The “clean” price for the bonds was par, corresponding to a yield of 0.35%.

The amount issued represents 100% of the issuer’s planned placement.

The issuer previously registered to issue KZT 6,705,048,000 of the bonds and sold KZT 1.28 billion on March 6.

Issuer:East Kazakhstan
Issue:Debt securities
Amount:KZT 3,781,677,000
Maturity:March 6, 2020
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:June 26
Settlement date:June 26
Total issuance:KZT 5,064,515,000, including KZT 1,282,838,000 issued on March 6

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