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Published on 10/24/2012 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan auctions KZT 4.83 billion 6½% treasury bonds due 2027

By Marisa Wong

Madison, Wis., Oct. 24 - The Kazakhstan Finance Ministry said it accepted orders for KZT 4.83 billion of 6½% long-term treasury bonds (Meukam-180, eighth issue) on Wednesday.

Active orders were received for KZT 5.33 billion of the 15-year bonds.

The amount of accepted orders represents 28.4% of the issuer's planned issuance of KZT 17 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meukam-180, eighth issue)
Amount:KZT 4.83 billion
Maturity:Oct. 24, 2027
Coupon:6½%, payable annually
Auction date:Oct. 24
Settlement date:Oct. 24

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