Published on 3/20/2012 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 15 billion of 5.3% treasury bonds due 2022
By Marisa Wong
Madison, Wis., March 20 - The Kazakhstan Finance Ministry said it accepted orders for KZT 15 billion of 5.3% long-term treasury bonds (Meukam-120, 11th issue) on Monday.
The bonds will mature on March 19, 2022. Interest is payable annually.
Active orders were received for KZT 32.9 billion of bonds. The amount of accepted orders represents 100% of the issuer's planned issuance of KZT 15 billion of bonds.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Long-term treasury bonds (Meukam-120, 11th issue)
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Amount: | KZT 15 billion
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Maturity: | March 19, 2022
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Coupon: | 5.3%, payable annually
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Auction date: | March 19
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Settlement date: | March 19
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