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Published on 7/5/2012 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan auctions KZT 10 billion of treasury bonds due 2013 to yield 2.0419%

By Marisa Wong

Madison, Wis., July 5 - The Kazakhstan Finance Ministry said it accepted orders for KZT 10 billion of short-term treasury bonds (Mekkam-12, 124th issue) on Wednesday.

The bonds will mature on July 4, 2013.

The weighted average price for the bonds was 97.999, for total proceeds of KZT 9.8 billion, and the weighted average yield was 2.0419%.

Active orders were received for KZT 15.44 billion of bonds. The amount of accepted orders represents 100% of the issuer's planned issuance of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Short-term treasury bonds (Mekkam-12, 124th issue)
Amount:KZT 10 billion
Maturity:July 4, 2013
Price:97.999
Yield:2.0419%
Auction date:July 4
Settlement date:July 4

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