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Published on 5/23/2011 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan auctions KZT 14.64 billion 5% nine-year treasury bonds

By Marisa Wong

Madison, Wis., May 23 - The Kazakhstan Finance Ministry said it accepted orders for KZT 14.64 billion of long-term treasury bonds (Meukam) on Monday.

The bonds will mature on May 23, 2020 and have a coupon of 5%. Interest is payable annually.

Active orders were received for KZT 34.89 billion of bonds. The amount of accepted orders represents 97.6% of the issuer's planned issuance of KZT 15 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meukam)
Amount:KZT 14,635,000,000
Maturity:May 23, 2020
Coupon:5%, payable annually
Auction date:May 23
Settlement date:May 23

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