Published on 1/16/2015 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 100 million 6.2% treasury bonds due 2020
By Marisa Wong
Madison, Wis., Jan. 16 – The Kazakhstan Finance Ministry said it accepted orders for KZT 100 million of 6.2% mid-term treasury bonds (Meokam-60, 49th issue) at a special trading session held on Wednesday.
Pricing details for the five-year bonds were not disclosed.
The amount of accepted orders represents 1% of the issuer’s planned issuance of KZT 10 billion of bonds.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Mid-term treasury bonds (Meokam-60, 49th issue)
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Amount: | KZT 100 million
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Maturity: | Jan. 14, 2020
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Coupon: | 6.2%, payable semiannually
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Auction date: | Jan. 14
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Settlement date: | Jan. 14
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