Kazakhstan's Eurasian Bank places no bonds at Friday trading session

By Marisa Wong

Madison, Wis., March 1 - JSC Eurasian Bank held a special trading session on the Kazakhstan Stock Exchange to place KZT 5 billion of inflation-linked bonds due April 4, 2013. No bonds were placed at the trading session held on March 1, because prices on submitted orders were higher than expected.

The size of the planned placement represented 50% of the total principal amount of bonds the company is authorized to issue.

The bank is based in Almaty, Kazakhstan.

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