Published on 10/13/2011 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 21.67 billion 2% treasury bonds due 2013
By Marisa Wong
Madison, Wis., Oct. 13 - The Kazakhstan Finance Ministry said it accepted orders for KZT 21.67 billion of mid-term treasury bonds (Meokam) on Thursday.
The bonds mature on Oct. 13, 2013 and have a coupon of 2% per year, payable semiannually.
Active orders were received for KZT 33.28 billion of bonds. The amount of accepted orders represents 154.8% of the issuer's planned issuance of KZT 15 billion of bonds.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Mid-term treasury bonds (Meokam)
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Amount: | KZT 21,666,666
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Maturity: | Oct. 13, 2013
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Coupon: | 2%, payable semiannually
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Auction date: | Oct. 13
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Settlement date: | Oct. 13
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