Published on 4/28/2011 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 4 billion 0.01% treasury bonds due 2023
By Marisa Wong
Madison, Wis., April 28 - The Kazakhstan Finance Ministry said it accepted orders for KZT 4 billion of long-term treasury bonds (Meujkam) on Thursday.
The bonds will mature on April 28, 2023 and have a coupon of 0.01%. Interest is payable annually.
Active orders were received for KZT 116.69 billion of bonds. The amount of accepted orders represents 40% of the issuer's planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meujkam)
|
| Amount: | KZT 4 billion
|
| Maturity: | April 28, 2023
|
| Coupon: | 0.01%, payable annually
|
| Auction date: | April 28
|
| Settlement date: | April 28
|
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