Kazakhstan sells no add-on 5.3% bonds due 2027 at Wednesday auction

By Marisa Wong

Madison, Wis., Sept. 25 - The Kazakhstan Finance Ministry said it auctioned no additional 5.3% long-term treasury bonds (Meukam-192, first issue) at a special trading session held on Wednesday due to an insufficient number of investors.

The issuer had intended to place a KZT 15 billion add-on to the KZT 15.33 billion of existing 5.3% bonds due Oct. 19, 2027.

The initial tranche settled on Oct. 19, 2011.

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