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Published on 9/21/2010 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan auctions KZT 8.1 billion 3½% three-year Treasury obligations

By Jennifer Chiou

New York, Sept. 21 - The Kazakhstan Finance Ministry said it accepted orders for 8.1 billion Kazakh tenge of mid-term Treasury obligations (Meokam) on Tuesday.

The bonds mature on June 10, 2013 and carry a coupon of 3½%, which is payable semiannually.

Orders were received for KZT 32.2 billion of the bonds. The minimum and maximum coupon rates on submitted orders were 3% and 5%, respectively, and the weighted average coupon rate on submitted orders was 3.6752%.

Issuer:Kazakhstan Finance Ministry
Issue:Mid-term Treasury obligations (Meokam)
Amount:KZT 8.1 billion
Maturity:June 10, 2013
Coupon:3½%, payable semiannually
Auction date:Sept. 21
Settlement date:Sept. 21

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