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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
Issue:Bonds
Amount:KZT 46,829,031,000
Maturity:April 29, 2035
Coupon:4%
Price:Par
Yield:4%
Trade date:April 29
Settlement date:April 29

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