Published on 3/19/2013 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 13 billion of 6% treasury bonds due 2020
By Marisa Wong
Madison, Wis., March 19 - The Kazakhstan Finance Ministry said it accepted orders for KZT 13 billion of long-term treasury bonds (Meukam-84, 12th issue) on Tuesday.
The seven-year bonds have a coupon of 6%.
Active orders were received for KZT 20.98 billion of bonds. The amount of accepted orders represents 100% of the issuer's planned issuance.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Long-term treasury bonds (Meukam-84, 12th issue)
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Amount: | KZT 13 billion
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Maturity: | March 19, 2020
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Coupon: | 6%, payable annually
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Auction date: | March 19
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Settlement date: | March 19
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