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