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Kazakhstan reports lack of limited orders for short-term Treasury bonds in Thursday placement
By Marisa Wong
Madison, Wis., Oct. 6 - The Kazakhstan Finance Ministry said it accepted no orders for short-term Treasury bonds (Mekkam) due Oct. 6, 2012 in the placement held on Thursday.
The placement failed due to the absence of limited orders for the bonds, the ministry said.
Active orders were received for KZT 16.18 billion of bonds. The issuer had planned to issue KZT 18 billion of the short-term bonds.
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