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Kazakhstan accepts no orders for treasury bonds at Thursday auction
By Marisa Wong
Madison, Wis., Jan. 5 - The Kazakhstan Finance Ministry said it accepted no orders in an auction of mid-term treasury bonds (Meokam) held on Thursday.
The ministry said that the trading session failed due to unsatisfactory prices for submitted orders.
The issuer had intended to place KZT 15 billion of bonds due Jan. 5, 2017.
Active orders were received for KZT 24.17 billion of bonds.
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