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Prospect News home > News index > List of issuers F > Headlines for ForteBank > News item
Published on 10/29/2015 in the Prospect News Emerging Markets Daily.

Kazakhstan’s ForteBank places none of planned KZT 65 billion 10.13% bonds

By Marisa Wong

Morgantown, W.Va., Oct. 29 – ForteBank held a special trading session on the Kazakhstan Stock Exchange on Wednesday to place 10.13% 10-year bonds. No bonds were placed at the trading session due to an absence of orders.

The Almaty, Kazakhstan-based bank registered to issue up to KZT 65 billion of the 10.13% bonds and had planned to place the full amount at Wednesday’s session.


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