Published on 7/22/2010 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan places KZT 10.6 million 4½% four-year Treasury bonds
By Susanna Moon
Chicago, July 22 - Kazakhstan Finance Ministry said it placed KZT 10.6 million of long-term Treasury obligations (Meokam) on Thursday.
The four-year bonds bear interest at 4½%.
Orders were accepted for KZT 10,558,000. The minimum and maximum coupon rates on submitted orders were 3.3% and 6%, respectively, and the weighted average coupon rate on submitted orders was 5.4111%.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Long-term Treasury obligations
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Amount: | KZT 10.6 million
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Maturity: | July 22, 2014
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Coupon: | 4½%, payable annually
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Auction date: | July 22
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Settlement date: | July 22
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