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Published on 5/12/2010 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan auctions KZT 14.42 billion 4.15% four-year Treasury bills

By Angela McDaniels

Tacoma, Wash., May 12 - The Kazakhstan Finance Ministry said it accepted orders for 14.42 billion Kazak tenge of mid-term Treasury bills (Meokam) in an auction on Wednesday.

The bills mature May 12, 2014 and carry a coupon of 4.15%.

Orders were received for KZT 25.61 billion of the bills, and the weighted average coupon rate on submitted orders was 4.9186%.

Issuer:Kazakhstan Finance Ministry
Issue:Treasury bills
Amount:KZT 14,423,000,000
Maturity:May 12, 2014
Coupon:4.15%
Auction date:May 12
Settlement date:May 12

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