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Published on 2/7/2012 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 1 billion of treasury bonds due 2013 at 98.15 to yield 2.035%

By Marisa Wong

Madison, Wis., Feb. 7 - The Kazakhstan Finance Ministry said it accepted orders for KZT 1 billion of short-term treasury bonds (Mekkam-12, 122nd issue) on Monday.

The bonds mature on Jan. 10, 2013.

The ministry said this brings the total size of the 122nd issue of Mekkam-12 bonds to KZT 11.03 billion. The initial settlement date for the bonds was Jan. 10.

The newest bonds priced at 98.15 to yield 2.035%.

Active orders were received for KZT 1.07 billion of bonds. The amount of accepted orders represents 7.7% of the issuer's planned issuance of KZT 13 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Short-term treasury bonds (Mekkam-12, 122nd issue)
Amount:KZT 1 billion
Maturity:Jan. 10, 2013
Price:98.15
Yield:2.035%
Auction date:Feb. 6
Settlement date:Feb. 6

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