6 Oct 2014 13:30

Kazakhstan planning 10-yr, 30-yr USD notes - source

MOSCOW. Oct 6 (Interfax) - Kazakhstan plans to place two tranches of dollar-denominated Eurobonds, one maturing in 10 years and the other in 30, on Monday, a banking sector source told Interfax.

Yield guidance for the ten-year notes is around 175 basis points, and for the 30-year notes - 230 bps against mid-market swaps.

Citi, HSBC and J.P. Morgan are organizing the placement.

The issue volume has not yet been decides, but it will be benchmark-sized.