By Marisa Wong
Morgantown, W.Va., May 29 – Kazakhstan’s Ministry of Finance sold KZT 5 billion of additional 8.07% long-term treasury bonds due May 12, 2034 (Meukam-240, second issue) at a repeated special trading session held on Monday, according to a Kazakhstan Stock Exchange notice.
The “clean” price was 96.5543, corresponding to a yield of 8.47%.
The amount priced represents 100% of the issuer’s planned placement.
The total amount of the Meukam-240, second issue bonds is now KZT 107.75 billion.
| Issuer: | Kazakhstan’s Ministry of Finance
|
| Issue: | Long-term treasury bonds (Meukam-240, second issue)
|
| Amount: | KZT 5 billion
|
| Maturity: | May 12, 2034
|
| Coupon: | 8.07%
|
| Price: | 96.5543
|
| Yield: | 8.47%
|
| Auction date: | May 28
|
| Settlement date: | May 28
|
| Total issuance: | KZT 107.75 billion
|
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