New Issue: Kazakhstan auctions KZT 5.67 billion Treasury bonds due 2012 to yield 1.6579%

By Marisa Wong

Madison, Wis., Nov. 2 - The Kazakhstan Finance Ministry said it accepted orders for KZT 5.67 billion of additional short-term Treasury bonds (Mekkam) due Oct. 21, 2012 on Wednesday.

The ministry previously auctioned KZT 1.67 billion of bonds due Oct. 21, 2012 on Oct. 21. The bonds that were auctioned on Wednesday will also have an initial circulation date of Oct. 21 for a term of 366 days.

The bonds were priced at 98.4218, for a total of KZT 5.58 billion, to yield 1.6579%.

Active orders were received for KZT 13.88 billion. The amount of accepted orders represents 47.2% of the issuer's planned issuance of KZT 10 billion of bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Short-term Treasury bonds (Mekkam)
Amount:	KZT 5,666,666,600
Proceeds:	KZT 5,577,235,268
Maturity:	Oct. 21, 2012
Price:	98.4218
Yield:	1.6579%
Auction date:	Nov. 2
Settlement date:	Oct. 21

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