Published on 10/12/2010 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan places added KZT 8.25 billion 4½% four-year Treasury bonds
By Marisa Wong
Madison, Wis., Oct. 12 - Kazakhstan Finance Ministry said it accepted orders for an additional KZT 8.25 billion of mid-term Treasury bonds (Meokam) due July 22, 2014 on Tuesday.
The ministry originally placed KZT 10.59 billion of the bonds on July 22.
The four-year bonds have a coupon of 4½%. Interest is payable semiannually.
The weighted average price on all submitted orders for the most recent placement was 100.3679. The weighted average coupon rate on submitted orders was 4.3898%.
The net price on accepted orders was 102.0834, and the yield was 3.9%.
Issuer: | Kazakhstan Finance Ministry
|
Issue: | Mid-term Treasury bonds
|
Amount: | KZT 18,804,672,000 (KZT 8,246,672,000 added to KZT 10,558,000,000)
|
Maturity: | July 22, 2014
|
Coupon: | 4½%, payable semiannually
|
Price: | 102.0834 for KZT 8.26 billion
|
Yield: | 3.9% for KZT 8.26 billion
|
Auction date: | July 22
|
Settlement dates: | July 22 for KZT 10.56 billion, Oct. 12 for KZT 8.25 billion
|
© 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.