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Published on 5/12/2011 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan auctions KZT 6.67 billion 3.2% treasury bonds due 2016

By Marisa Wong

Madison, Wis., May 12 - The Kazakhstan Finance Ministry said it accepted orders for KZT 6.67 billion of mid-term treasury bonds (Meokam) on Thursday.

The bonds mature on May 12, 2016 and have a coupon of 3.2% per year, payable semiannually.

The amount of accepted orders represents 66.7% of the issuer's planned issuance of KZT 10 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Mid-term treasury bonds (Meokam)
Amount:KZT 6,666,666,000
Maturity:May 12, 2016
Coupon:3.2%, payable semiannually
Auction date:May 12
Settlement date:May 12

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