Bond Kazakstan 0% ( KZK100000126 ) in KZT

Issuer Kazakstan
Market price 100 %  ⇌ 
Country  Kazakhstan
ISIN code  KZK100000126 ( in KZT )
Interest rate 0%
Maturity 01/10/2013 - Bond has expired



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Minimal amount 100 KZT
Total amount 8 000 000 000 KZT
Detailed description Kazakhstan is a vast, landlocked Central Asian country encompassing diverse landscapes ranging from steppes and deserts to mountains and forests, and possessing significant reserves of oil, gas, and minerals.

Kazakhstan, the largest economy in Central Asia and a significant global producer of oil, gas, and mineral resources, previously issued a sovereign bond identified by ISIN Code KZK100000126. This financial instrument, denominated in the national currency, Kazakhstani Tenge (KZT), represented a total issuance size of 8,000,000,000 KZT, with a minimum purchase increment set at 100 KZT. Notably, this bond carried a 0% interest rate, indicating it was likely structured as a discount bond, where investors would have realized their yield from the difference between the purchase price and the redemption value. The bond reached its maturity on October 1, 2013, at which point it was fully redeemed at 100% of its face value, confirming the Republic of Kazakhstan's commitment to honoring its sovereign debt obligations. While the payment frequency was listed as '1', typical for annual payments, the zero-coupon nature (implied by 0% interest and 100% repayment) means no periodic interest payments were disbursed. This particular bond has concluded its lifecycle, having been successfully repaid to its investors.