Bond Kazakstan 2% ( KZK2KY020818 ) in KZT
| Issuer | Kazakstan |
| Market price | 100 % ⇌ |
| Country | Kazakhstan
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| ISIN code |
KZK2KY020818 ( in KZT )
|
| Interest rate | 2% per year ( payment 1 time a year) |
| Maturity | 13/10/2013 - Bond has expired |
|
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| Minimal amount | 1 000 KZT |
| Total amount | 21 666 666 000 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. This financial article provides a retrospective overview of a sovereign bond issued by Kazakhstan, a resource-rich Central Asian nation with a growing economy primarily driven by its significant oil and gas reserves, representing a key emerging market issuer. The specific obligation, identified by ISIN KZK2KY020818, was denominated in Kazakhstani Tenge (KZT) and carried an interest rate of 2%. This bond, with an initial total issue size of 21,666,666,000 KZT and a minimum purchase threshold of 1,000 KZT, was issued within Kazakhstan, structured with an annual payment frequency, and reached its maturity on October 13, 2013, at which point it was successfully redeemed and repaid at 100% of its face value. |
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