business and economy

KazMunaiGas and Samruk-Kazyna seek to raise $1.3 billion each on KASE

(SRI) - KazMunaiGas and Samruk-Kazyna seek to raise 190 billion tenge ($1.3 billion) each in tenge-denominated bonds, the Kazakhstan Stock Exchange (KASE) said in a statement today.

The oil company registered on KASE an issue of 35-year bonds with coupon rate of 5 percent, KASE reported on its website. Samruk-Kazyna, the state holding and investment company, also registered an issue of 35-year bonds with coupon rate of 4 percent.

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