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Published on 8/13/2010 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan auctions KZT 10 billion 4.8% five-year Treasury bills

By Jennifer Chiou

New York, Aug. 13 - The Kazakhstan Finance Ministry said it accepted orders for 10 billion Kazakh tenge of mid-term Treasury bills (Meokam) in an auction on Friday.

The bonds mature on Aug. 13, 2015 and carry a coupon of 4.8%.

Orders were received for KZT 87.07 billion of the bonds. The minimum and maximum coupon rates on submitted orders were 4.5% and 6%, respectively, and the weighted average coupon rate on submitted orders was 5.2566%.

Issuer:Kazakhstan Finance Ministry
Issue:Mid-term Treasury bills (Meokam)
Amount:KZT 10 billion
Maturity:Aug. 13, 2015
Coupon:4.8%, payable semiannually
Auction date:Aug. 13
Settlement date:Aug. 13

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