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Published on 11/29/2011 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 14 billion treasury bonds due 2022 at 0.01% plus inflation

By Marisa Wong

Madison, Wis., Nov. 29 - Kazakhstan Finance Ministry said it accepted orders for KZT 14 billion of long-term treasury bonds (Meujkam) on Tuesday.

The bonds will mature on Nov. 29, 2022 and have a coupon of 0.01% plus inflation. Interest is payable annually.

Active orders were received for KZT 125.38 billion of bonds. The amount of accepted orders represents 100% of the issuer's planned issuance of KZT 14 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meujkam)
Amount:KZT 13,999,987,000
Maturity:Nov. 29, 2022
Coupon:0.01% above inflation
Pricing date:Nov. 29
Settlement date:Nov. 29

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