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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
Issue:Long-term Treasury obligations
Amount:KZT 10.6 million
Maturity:July 22, 2014
Coupon:4½%, payable annually
Auction date:July 22
Settlement date:July 22

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