Bond Kazakstan 0% ( KZKD00001004 ) in KZT
| Issuer | Kazakstan |
| Market price | |
| Country | Kazakhstan
|
| ISIN code |
KZKD00001004 ( in KZT )
|
| Interest rate | 0% |
| Maturity | 19/11/2029 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 KZT |
| Total amount | 10 000 000 000 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. The Republic of Kazakhstan, a significant sovereign issuer within Central Asia whose robust economy is substantially underpinned by its extensive natural resource wealth, particularly in oil and gas, has launched a notable financial instrument identified by the ISIN KZKD00001004, structured as a zero-coupon sovereign bond; this specific debt instrument, denominated in Kazakhstani Tenge (KZT), is currently trading at its par value of 100% on the market and is characterized by a 0% stated interest rate, which signifies its nature as a discount bond wherein the investor's return is implicitly derived from the difference between its acquisition price (typically below par) and the full principal amount repaid in a single bullet payment upon its maturity on November 19, 2029, with the total size of this particular bond issuance amounting to a substantial KZT 10 billion and a minimum purchase threshold set at KZT 1,000, making it accessible to a diverse range of market participants seeking exposure to the Kazakh public debt landscape. |
Français
Italiano
Kazakhstan