New Issue: Kazakhstan sells KZT 11 billion more 5.4% bonds due 2018 at 5.9% yield

By Marisa Wong

Madison, Wis., Dec. 11 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 11 billion of 5.4% mid-term treasury bonds (Meokam-60, 47th issue) on Wednesday.

The initial KZT 20.8 billion of five-year bonds settled on Aug. 20.

The net price for the latest bonds was 97.9673 to yield 5.9%. Proceeds totaled KZT 10.96 billion.

Active orders were received for KZT 14.69 billion of bonds. The amount of accepted orders represents 110% of the issuer's planned issuance of KZT 10 billion of bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Mid-term treasury bonds (Meokam-60, 47th issue)
Amount:	KZT 11 billion
Proceeds:	KZT 10,959,553,000
Maturity:	Aug. 20, 2018
Coupon:	5.4%, payable semiannually
Net price:	97.9673
Yield:	5.9%
Auction date:	Dec. 11
Settlement date:	Dec. 11

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