Published on 8/10/2011 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 12 billion 3.85% treasury bonds due 2018
By Marisa Wong
Madison, Wis., Aug. 10 - The Kazakhstan Finance Ministry said it accepted orders for KZT 12 billion of long-term treasury bonds (Meukam) on Wednesday.
The bonds will mature on Aug. 10, 2018 and have a coupon of 3.85%. Interest is payable annually.
Active orders were received for KZT 46.6 billion of bonds. The amount of accepted orders represents 100% of the issuer's planned issuance of KZT 12 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam)
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| Amount: | KZT 12 billion
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| Maturity: | Aug. 10, 2018
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| Coupon: | 3.85%, payable annually
|
| Auction date: | Aug. 10
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| Settlement date: | Aug. 10
|
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