Kazakhstan sells first ever euro bond

09.11.2018

Kazakhstan has sold a dual tranche transaction consisting of €525mn of a 1.55% eurobond due in November 2023 and €525mn of a 2.375% bond due in November 2028. The combined order books exceeded €3.3bn compared to the €1.05bn allocation.

The move marked the first time ever that a euro-denominated transaction came...