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Published on 3/17/2020 in the Prospect News Emerging Markets Daily.

Kazakhstan sells no 8.35% treasury bonds due 2039 at Monday auction

By Marisa Wong

Los Angeles, March 17 – The Kazakhstan Finance Ministry said it auctioned no additional long-term treasury bonds (Meukam-300, second issue) at the repeated special trading session held on Monday.

The ministry had planned to place a further KZT 10 billion of the 8.35% bonds due July 25, 2039, according to a Kazakhstan Stock Exchange notice.

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

There is KZT 165 billion of the bonds outstanding.


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