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Published on 10/28/2011 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 16 billion treasury bonds due 2018 at 0.01% plus inflation

By Marisa Wong

Madison, Wis., Oct. 28 - Kazakhstan Finance Ministry said it accepted orders for KZT 16 billion of long-term treasury bonds (Meujkam) on Friday.

The bonds will mature on Oct. 28, 2018 and have a coupon of 0.01% plus inflation. Interest is payable annually.

Active orders were received for KZT 123.96 billion of bonds. The amount of accepted orders represents 123.1% of the issuer's planned issuance of KZT 13 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meujkam)
Amount:KZT 16 billion
Maturity:Oct. 28, 2018
Coupon:0.01% above inflation
Pricing date:Oct. 28
Settlement date:Oct. 28

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