Kazakhstan places no 9% treasury bonds due 2027 on Wednesday

By Marisa Wong

Los Angeles, March 12 – Kazakhstan’s Ministry of Finance said it auctioned no additional long-term treasury bonds (Meukam-120, 18th issue) at the repeated special trading session held on Wednesday due to unfavorable prices on submitted orders.

The ministry had planned to place a further KZT 6 billion of the 9% bonds due July 3, 2027, according to a Kazakhstan Stock Exchange notice.

There is KZT 262,194,012,000 of the bonds outstanding.

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