New Issue: Kazakhstan sells KZT 13.15 billion treasury bonds due 2014 to yield 3%

By Marisa Wong

Madison, Wis., Oct. 2 - The Kazakhstan Finance Ministry said it accepted orders for KZT 13.15 billion of short-term treasury bonds (Mekkam-12, 135th issue) on Wednesday.

The one-year bonds priced at 97.0874 to yield 3%. Proceeds totaled KZT 12.77 billion.

Active orders were received for KZT 14.65 billion of bonds. Net prices on submitted orders ranged from 95.2381 to 97.0874, and yields ranged from 3% to 5%.

The amount of accepted orders represents 164% of the issuer's planned issuance of KZT 8 billion of bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Short-term treasury bonds (Mekkam-12, 135th issue)
Amount:	KZT 13.15 billion
Proceeds:	KZT 12,766,993,100
Maturity:	Oct. 2, 2014
Price:	97.0874
Yield:	3%
Auction date:	Oct. 2
Settlement date:	Oct. 2

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