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Published on 3/17/2020 in the Prospect News Emerging Markets Daily.

New Issue: Akmola, Kazakhstan, places KZT 1.16 billion 0.35% two-year bonds

By Marisa Wong

Los Angeles, March 17 – The local executive body of the Akmola region of Kazakhstan placed KZT 1,163,729,000 of 0.35% two-year debt securities at a special trading session held on Monday, according to a Kazakhstan Stock Exchange announcement.

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

These bonds were issued for financing housing construction as part of implementation of state and government programs, the issuer said.

Issuer:Akmola Region
Issue:Debt securities
Amount:KZT 1,163,729,000
Maturity:March 16, 2022
Coupon:0.35%
Trade date:March 16
Settlement date:March 16

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