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