Kazakhstan sells €1.15bn after big move from IPTs
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Kazakhstan sells €1.15bn after big move from IPTs


Kazakhstan printed a €1.15bn dual tranche bond on Wednesday from a book of more than €3bn at its peak, at levels that lead managers said were 6bp inside the curve for the seven year and 4bp inside for the 15 year. Bankers away from the deal saw fair value differently but conceded that there could be different views on the calculation.

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