Published on 12/7/2011 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 9.17 billion of 3.1% treasury bonds due 2014
By Marisa Wong
Madison, Wis., Dec. 7 - The Kazakhstan Finance Ministry said it accepted orders for KZT 9.17 billion of mid-term treasury bonds (Meokam) on Wednesday.
The bonds mature on Dec. 7, 2014 and have a coupon of 3.1% per year, payable semiannually.
Active orders were received for KZT 10.49 billion of bonds. The amount of accepted orders represents 91.7% 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 9,166,666,000
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Maturity: | Dec. 7, 2014
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Coupon: | 3.1%, payable semiannually
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Auction date: | Dec. 7
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Settlement date: | Dec. 7
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