New Issue: Kazakhstan sells KZT 1.67 billion treasury bonds due 2014 to yield 2.9%

By Marisa Wong

Madison, Wis., March 13 - The Kazakhstan Finance Ministry said it accepted orders for KZT 1.67 billion of short-term treasury bonds (Mekkam-12, 128th issue) on Wednesday.

The price for the one-year bonds was 97.1817 for total proceeds of KZT 1.62 billion, and the weighted average yield was 2.9%.

Active orders were received for KZT 17.57 billion of bonds. The amount of accepted orders represents 11.9% of the issuer's planned issuance of KZT 14 billion of bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Short-term treasury bonds (Mekkam-12, 128th issue)
Amount:	KZT 1,666,666,600
Proceeds:	KZT 1,619,694,935
Maturity:	March 13, 2014
Price:	97.1817
Yield:	2.9%
Auction date:	March 13
Settlement date:	March 13

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