Published on 11/9/2011 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 10 billion of 3% treasury bonds due 2016
By Marisa Wong
Madison, Wis., Nov. 9 - The Kazakhstan Finance Ministry said it accepted orders for KZT 10 billion of mid-term treasury bonds (Meokam) on Wednesday.
The bonds mature on Nov. 9, 2016 and have a coupon of 3% per year, payable semiannually.
Active orders were received for KZT 36.23 billion of bonds. The amount of accepted orders represents 100% of the issuer's planned issuance of KZT 10 billion of bonds.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Mid-term treasury bonds (Meokam)
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Amount: | KZT 10 billion
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Maturity: | Nov. 9, 2016
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Coupon: | 3%, payable semiannually
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Auction date: | Nov. 9
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Settlement date: | Nov. 9
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