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Eximbank Kazakhstan places none of planned KZT 4.5 billion 8% bonds
By Marisa Wong
Madison, Wis., Nov. 6 - JSC Eximbank Kazakhstan held a special trading session on the Kazakhstan Stock Exchange to place KZT 4.5 billion of 8% bonds due July 13, 2015. No bonds were placed at Tuesday's trading session due to an absence of orders.
The size of the planned placement represented 45% of the total principal amount of bonds the company is authorized to issue. The company registered to issue up to KZT 10 billion of the bonds in July 2008.
The bank is based in Almaty, Kazakhstan.
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