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Published on 3/10/2020 in the Prospect News Emerging Markets Daily.

Kazakhstan places no 7.9% treasury bonds due 2038 at Tuesday auction

By Marisa Wong

Los Angeles, March 10 – The Kazakhstan Finance Ministry said it auctioned no additional long-term treasury bonds (Meukam-300, first issue) at the repeated special trading session held on Tuesday.

The ministry had planned to place a further KZT 30 billion of the 7.9% bonds due Dec. 20, 2038, according to a Kazakhstan Stock Exchange notice.

The exchange did not accept any limit offset order, according to the notice.

There is KZT 132,738,000,000 of the bonds outstanding.


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