Published on 4/5/2013 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan's Real-Invest.kz sells KZT 604.84 million of inflation-linked bonds
By Marisa Wong
Madison, Wis., April 5 - Real-Invest.kz Financial Co. JSC said it sold KZT 604.84 million of inflation-linked bonds on the Kazakhstan Stock Exchange on Friday, raising KZT 625.58 million.
The net price for the bonds was 99.974, corresponding to a yield to maturity of 10.0002%.
The Almaty, Kazakhstan-based bank registered to issue KZT 5 billion of five-year bonds in May 2008 and had planned to place KZT 2.5 billion at Thursday's session.
The brokerage and management firm is based in Almaty, Kazakhstan.
Issuer: | Real-Invest.kz Financial Co. JSC
|
Issue: | Bonds
|
Amount: | KZT 604,839,200
|
Proceeds: | KZT 625,683,303
|
Maturity: | May 30, 2013
|
Coupon: | Inflation, 10% for current coupon period; payable semiannually
|
Net price: | 99.974
|
Yield: | 10.0002%
|
Settlement date: | April 5
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