New Issue: Kazakhstan sells KZT 20 billion treasury bonds due 2014 to yield 2.65%

By Marisa Wong

Madison, Wis., April 5 - The Kazakhstan Finance Ministry said it accepted orders for KZT 20 billion of short-term treasury bonds (Mekkam-12, 129th issue) on Friday.

The weighted average price for the one-year bonds was 97.4184, and the weighted average yield was 2.65%. Proceeds totaled KZT 19.48 billion.

Active orders were received for KZT 24.79 billion of bonds. The amount of accepted orders represents 142.9% of the issuer's planned issuance of KZT 14 billion of bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Short-term treasury bonds (Mekkam-12, 129th issue)
Amount:	KZT 20 billion
Proceeds:	KZT 19,483,682,000
Maturity:	April 5, 2014
Price:	97.4184
Yield:	2.65%
Auction date:	April 5
Settlement date:	April 5

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