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Published on 1/28/2011 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan places KZT 10 billion of treasury bonds due 2030 at 0.01% plus inflation

By Marisa Wong

Madison, Wis., Jan. 28 - Kazakhstan Ministry of Finance said it accepted orders for KZT 10 billion of long-term treasury bonds (Meujkam) on Friday.

The bonds will mature on Jan. 28, 2030 and have a coupon of 0.01% plus inflation. Interest is payable annually.

Active orders were received for KZT 110.35 billion of bonds.

The bonds priced with a weighted average coupon of 0.01%.

Issuer:Kazakhstan Ministry of Finance
Issue:Long-term treasury bonds (Meujkam)
Amount:KZT 10 billion
Maturity:Jan. 28, 2030
Coupon:0.01% above inflation
Pricing date:Jan. 28
Settlement date:Jan. 28

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