Published on 6/17/2020 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan sells KZT 76.4 billion more 5% treasury bonds due 2023
By Marisa Wong
Los Angeles, June 17 – The Kazakhstan Finance Ministry sold KZT 76.4 billion of additional 5% long-term treasury bonds due May 15, 2023 (Meukam-132, fifth issue) at a special trading session held on June 10.
The bonds were sold at a weighted average “clean” price of 85.7402, corresponding to a weighted average yield 10.9401%, according to a notice.
The amount of accepted orders represents 191% of the issuer’s planned placement of KZT 35 billion.
The issuer previously sold KZT 120,625,412,000 of the 5% bonds due 2023.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meukam-132, fifth issue)
|
| Amount: | KZT 76.4 billion
|
| Maturity: | May 15, 2023
|
| Coupon: | 5%
|
| Price: | 85.7402
|
| Yield: | 10.9401%
|
| Auction date: | June 10
|
| Settlement date: | June 10
|
| Total issuance: | KZT 197,025,412,000
|
|
|
© 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.
