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Published on 8/5/2010 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 12.9 billion 1.49% six-month Treasury notes

By Susanna Moon

Chicago, Aug. 5 - Kazakhstan Finance Ministry said it held special trades to place KZT 12.9 billion of government short-term Treasury bonds (Mekkam) on Thursday.

The six-month bonds bear interest at 1.49%.

Orders were accepted for KZT 12,903,317,300.

The minimum coupon rate on submitted orders was 1.4%, and the maximum rate was 2.5%. The weighted average coupon rate on submitted orders was 1.9387%.

Issuer:Kazakhstan Finance Ministry
Issue:Short-term Treasury bonds
Amount:KZT 12.9 billion
Maturity:Feb. 5, 2011
Coupon:1.49%, payable annually
Auction date:Aug. 5
Settlement date:Aug. 5

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