Published on 3/15/2012 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 13.33 billion 4.2% treasury bonds due 2017
By Marisa Wong
Madison, Wis., March 15 - The Kazakhstan Finance Ministry said it accepted orders for KZT 13.33 billion of mid-term treasury bonds (Meokam-60, 43rd issue) on Wednesday.
The bonds mature on March 14, 2017 and have a coupon of 4.2% per year, payable semiannually.
Active orders were received for KZT 19.27 billion of bonds. The amount of accepted orders represents 88.89% of the issuer's planned issuance of KZT 15 billion of bonds.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Mid-term treasury bonds (Meokam-60, 43rd issue)
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Amount: | KZT 13,333,333,000
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Maturity: | March 14, 2017
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Coupon: | 4.2%, payable semiannually
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Auction date: | March 14
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Settlement date: | March 14
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