By Angela McDaniels
Tacoma, Wash., Oct. 6 - The Kazakhstan Finance Ministry said it accepted orders for 12.75 billion Kazakh tenge of short-term Treasury bonds (Mekkam) on Wednesday.
The bonds mature Oct. 6, 2011. The weighted average price is 98.095, and the weighted average yield is 1.942%.
Orders were received for KZT 20.24 billion of the bonds. The prices on submitted orders ranged from 95.6938 to 99.0099, and the yields were from 1% to 4.5%.
The prices on accepted orders ranged from 98.0392 to 99.0099, and the yields were from 1% to 2%.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Short-term Treasury bonds (Mekkam)
|
| Amount: | KZT 12,752,352,131
|
| Maturity: | Oct. 6, 2011
|
| Weighted average price: | 98.095
|
| Weighted average yield: | 1.942%
|
| Auction date: | Oct. 6
|
| Settlement date: | Oct. 6
|
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