Published on 9/21/2011 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 10 billion 5% treasury bonds due 2024
By Marisa Wong
Madison, Wis., Sept. 21 - The Kazakhstan Finance Ministry said it accepted orders for KZT 10 billion of long-term treasury bonds (Meukam) on Wednesday.
The bonds will mature on Sept. 21, 2024 and have a coupon of 5%. Interest is payable annually.
Active orders were received for KZT 42.42 billion of bonds. The amount of accepted orders represents 100% of the issuer's planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam)
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| Amount: | KZT 10 billion
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| Maturity: | Sept. 21, 2024
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| Coupon: | 5%, payable annually
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| Auction date: | Sept. 21
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| Settlement date: | Sept. 21
|
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