New Issue: Kazakhstan's Real-Invest.kz sells KZT 531.53 million inflation-linked bonds

By Marisa Wong

Madison, Wis., May 6 - Real-Invest.kz Financial Co. JSC said it sold KZT 531.53 million of inflation-linked bonds on the Kazakhstan Stock Exchange on Monday, raising KZT 554.49 million.

The cut-off price for the bonds was 99.9858, corresponding to a yield to maturity of 10.0003%.

Net prices on submitted orders ranged from 99.9198 to 99.9858, and yields ranged from 10.0003% to 10.9995%.

The Almaty, Kazakhstan-based bank registered to issue KZT 5 billion of five-year bonds in May 2008 and had planned to place KZT 800 million of bonds at Monday's session.

Issuer:	Real-Invest.kz Financial Co. JSC
Issue:	Bonds
Amount:	KZT 531,531,524
Proceeds:	KZT 554,489,079
Maturity:	Five years
Coupon:	Inflation, 10% for current coupon period; payable semiannually
Cut-off price:	99.9858
Cut-off yield:	10.0003%
Pricing date:	May 6

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