E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/9/2014 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan auctions KZT 22.4 billion 6.65% treasury bonds due 2021

By Marisa Wong

Madison, Wis., April 9 - The Kazakhstan Finance Ministry said it accepted orders for KZT 22.4 billion of long-term treasury bonds (Meukam-84, 14th issue) on Wednesday.

The seven-year bonds have a coupon of 6.65%.

Active orders were received for KZT 27.1 billion of bonds. The amount of accepted orders represents 112% of the issuer's planned placement of KZT 20 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meukam-84, 14th issue)
Amount:KZT 22.4 billion
Maturity:April 9, 2021
Coupon:6.65%, payable annually
Auction date:April 9
Settlement date:April 9

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.