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Published on 11/29/2010 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan places KZT 5.5 billion treasury bonds due 2026 at 0.01% plus inflation

By Susanna Moon

Chicago, Nov. 29 - Kazakhstan Finance Ministry said it held repeated special trades to place KZT 5.5 billion of long-term savings treasury bonds (Meujkam) on Monday.

The bonds will mature on May 28, 2026 and have a coupon of 0.01% plus inflation. Interest is payable annually.

Active orders were received for KZT 75.07 billion of bonds.

The forecasted weighted average yield to maturity is 7.51%.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term savings treasury bonds (Meujkam)
Amount:KZT 5.5 billion
Maturity:May 28, 2026
Coupon:0.01% plus inflation, payable annually
Settlement date:Nov. 29

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