Kazakhstan prints inaugural EUR1.05bn dual-tranche bond
06 Nov 2018Tranche A: EUR525m, coupon 1.55%, due 09 November 2023. Reoffer 100.00, spread MS+119.4bp/OBL 0 % Oct 23+172.1bp, yield 1.55%.
Tranche B: EUR525m, coupon 2.375%, due 09 November 2028. Reoffer 100.00, spread MS+140.5bp/DBR 0.25% Aug 28+194.9bp, yield 2.375%.
Common terms: Ratings Baa3/BBB-/BBB (all