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Published on 4/1/2013 in the Prospect News Emerging Markets Daily.

Kazakhstan's Kaspi places no inflation-linked bonds at Monday session

By Marisa Wong

Madison, Wis., April 1 - JSC Kaspi Bank held a special trading session on the Kazakhstan Stock Exchange to place inflation-linked bonds due 2021. No bonds were placed at the trading session held on Monday due to an absence of orders.

The planned bonds were first-issue bonds under the bank's KZT 100 billion second bond program registered in June 2011. The maximum size of the first issue is KZT 10 billion.

The bank is based in Almaty, Kazakhstan.


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