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Published on 5/12/2014 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan auctions KZT 55 billion 8.07% treasury bonds due 2034

By Marisa Wong

Madison, Wis., May 12 - The Kazakhstan Finance Ministry said it accepted orders for KZT 55 billion of long-term treasury bonds (Meukam-240, second issue) on Monday.

The 20-year bonds have a coupon of 8.07%.

The amount of accepted orders represents 157% of the issuer's planned placement of KZT 35 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Long-term treasury bonds (Meukam-240, second issue)
Amount:KZT 55 billion
Maturity:May 12, 2034
Coupon:8.07%, payable annually
Auction date:May 12
Settlement date:May 12

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