Kazakhstan places no 8.46% treasury bonds due 2033 at Monday auction

By Marisa Wong

Morgantown, W.Va., April 16 – The Kazakhstan Finance Ministry said it auctioned no additional long-term treasury bonds (Meukam-180, 14th issue) at the repeated special trading session held on Monday due to unfavorable prices on orders submitted.

The ministry had planned to place a further KZT 35 billion of the 8.46% bonds due 2033, according to a Kazakhstan Stock Exchange notice.

There is KZT 88.25 billion of the bonds outstanding.

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