Published on 5/14/2010 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 10 billion 5.6% eight-year Treasury bills
By Jennifer Chiou
New York, May 14 - The Kazakhstan Finance Ministry said it accepted orders for 10 billion Kazak tenge of 5.6% eight-year Treasury bills (Meukam-96) in an auction on Friday.
The bills mature on May 14, 2018 and submitted orders came in with a weighted average coupon of 6.1555%. The coupon rate on submitted orders ranged from 4.3% to 7.5%.
Orders were received for KZT 27.501 billion of the bills.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Treasury bills
|
| Amount: | KZT 10 billion
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| Maturity: | May 14, 2018
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| Coupon: | 5.6%, payable annually
|
| Auction date: | May 14
|
| Settlement date: | May 14
|
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