New Issue: Kazakhstan sells KZT 2 billion more 3.83% treasury bonds due 2016

By Marisa Wong

Madison, Wis., Sept. 5 - The Kazakhstan Finance Ministry said it accepted orders for an additional KZT 2 billion of 3.83% mid-term treasury bonds (Meokam-48, 47th issue) on Thursday.

The ministry said this brings the total size of the issue to KZT 20.93 billion. The initial KZT 5.78 billion of four-year bonds settled on Aug. 15, 2012, and an additional KZT 13.15 billion settled on April 8.

The newest bonds were auctioned at a net price of 99.5303 for total proceeds of KZT 1.99 billion to yield 4%.

The amount of accepted orders represents 13% of the issuer's planned issuance of KZT 15 billion of bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Mid-term treasury bonds (Meokam-48, 47th issue)
Amount:	KZT 2 billion
Proceeds:	KZT 1,994,861,556
Maturity:	Aug. 15, 2016
Coupon:	3.83%, payable semiannually
Net price:	99.5303
Yield:	4%
Auction date:	Sept. 5
Settlement date:	Sept. 5

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