Published on 4/30/2020 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan’s Nurbank sells KZT 46.83 billion of 4% 15-year bonds
By Marisa Wong
Los Angeles, April 30 – JSC Nurbank sold KZT 46,829,031,000 of 15-year bonds at a special trading session held on Wednesday, according to a Kazakhstan Stock Exchange notice.
The bonds were sold at a “clean” price of par to yield 4%.
The amount priced represents 100% of the issuer’s planned placement and the full registered amount.
The bank is based in Almaty, Kazakhstan.
Issuer: | JSC Nurbank
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Issue: | Bonds
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Amount: | KZT 46,829,031,000
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Maturity: | April 29, 2035
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Coupon: | 4%
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Price: | Par
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Yield: | 4%
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Trade date: | April 29
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Settlement date: | April 29
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