E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
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.