Published on 5/27/2015 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 150 million 7.2% treasury bonds due 2025
By Marisa Wong
Madison, Wis., May 27 – The Kazakhstan Finance Ministry said it accepted orders for KZT 150 million of 7.2% long-term treasury bonds (Meukam-120, 16th issue) at a special trading session held on Wednesday.
Pricing details for the 10-year bonds were not disclosed.
The amount of accepted orders represents 1.5% of the issuer’s planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-120, 16th issue)
|
| Amount: | KZT 150 million
|
| Maturity: | May 27, 2025
|
| Coupon: | 7.2%, payable annually
|
| Auction date: | May 27
|
| Settlement date: | May 27
|
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