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Published on 12/24/2012 in the Prospect News Emerging Markets Daily.

Kazakhstan's Subsidiary Bank Sberbank registers KZT 20 billion bonds

By Marisa Wong

Madison, Wis., Dec. 24 - Subsidiary Bank Sberbank of Russia registered to issue KZT 20 billion of second issue bonds under its second bond program, according to a Kazakhstan Stock Exchange announcement.

The bonds were registered on Dec. 14.

Based in Almaty, Kazakhstan, the issuer is a wholly owned subsidiary of Moscow's Sberbank.


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