New Issue: Kazakhstan sells KZT 29.88 billion more treasury bonds due 2021

By Marisa Wong

Los Angeles, June 22 – Kazakhstan’s Ministry of Finance placed KZT 29,877,648,500 of additional short-term treasury bonds (Mekkam-12, 148th issue) at a special trading session held on Friday, according to a Kazakhstan Stock Exchange notice.

The ministry had issued KZT 247,271,692,500 of the one-year bonds in auctions in May and earlier this month, as previously reported.

The latest bonds were sold at a weighted average discounted price of 91.1305, corresponding to a weighted average yield of 10.765%.

The amount of accepted orders on Thursday represents 74.7% of the issuer’s planned placement of KZT 40 billion of bonds.

Issuer:	Kazakhstan Finance Ministry
Issue:	Short-term treasury bonds (Mekkam-12, 148th issue)
Amount:	KZT 29,877,648,500
Maturity:	May 15, 2021
Price:	91.1305
Yield:	10.765%
Trade date:	June 19
Settlement date:	June 19
Total issuance:	KZT 277,149,341,000 including KZT 64,277,300,000 issued on May 15, KZT 53,060,741,000 issued on May 22, KZT 52,458,600,000 issued on June 5 and KZT 77,475,051,500 issued on June 12

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.