By Marisa Wong
Morgantown, W.Va., Dec. 13 – National Bank of the Republic of Kazakhstan sold KZT 1 billion of 5.3% long-term treasury bonds due Dec. 21, 2021 (Meukam-120, 10th issue) issued by Kazakhstan’s Ministry of Finance at a special trading session held Monday, according to a Kazakhstan Stock Exchange notice.
The net price was 84.4947, corresponding to a yield of 9.3%.
The issuer had registered to issue KZT 28.2 billion of the bonds in December 2011.
Almaty, Kazakhstan-based National Bank is conducting special trading sessions to sell government treasury bonds from Nov. 15 to Dec. 20 to help build a risk-free yield curve, according to previous stock exchange notices.
| Issuer: | Ministry of Finance of the Republic of Kazakhstan
|
| Issue: | Long-term treasury bonds (Meukam-120, 10th issue)
|
| Amount: | KZT 1 billion
|
| Maturity: | Dec. 21, 2021
|
| Agent: | National Bank of the Republic of Kazakhstan
|
| Coupon: | 5.3%
|
| Price: | 84.4947
|
| Yield: | 9.3%
|
| Trade date: | Dec. 12
|
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