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Published on 12/10/2013 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan auctions KZT 3 billion of 7.22% treasury bonds due 2028

By Marisa Wong

Madison, Wis., Dec. 10 - The Kazakhstan Finance Ministry said it accepted orders for KZT 3 billion of long-term treasury bonds (Meukam-180, ninth issue) on Tuesday.

The 15-year bonds have a coupon of 7.22%.

Active orders were received for KZT 3 billion of bonds. The amount of accepted orders represents 30% of the issuer's planned placement of KZT 10 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meukam-180, ninth issue)
Amount:KZT 3 billion
Maturity:Dec. 10, 2028
Coupon:7.22%, payable annually
Auction date:Dec. 10
Settlement date:Dec. 10

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