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Kazakhstan accepts no orders for treasury bonds at Tuesday auction
By Marisa Wong
Madison, Wis., March 14 - The Kazakhstan Finance Ministry said it accepted no orders in an auction of mid-term treasury bonds (Meokam-48, 41st issue) held on Tuesday.
The issuer had intended to place KZT 4.2 billion of 5.2% bonds due Dec. 15, 2013.
Active orders were received for KZT 15 billion of bonds. The weighted average bid price was 102.228 to yield 3.8713%.
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