Published on 9/15/2010 in the Prospect News Emerging Markets Daily.
New Issue: Kazakhstan auctions KZT 18 billion 5.8% 10-year Treasury obligations
By Angela McDaniels
Tacoma, Wash., Sept. 15 - The Kazakhstan Finance Ministry said it accepted orders for 18 billion Kazakh tenge of long-term Treasury obligations (Meukam) on Wednesday.
The bonds mature Sept. 15, 2020 and carry a coupon of 5.8%, which is payable annually.
Orders were received for KZT 83.14 billion of the bonds. The minimum and maximum coupon rates on submitted orders were 5½% and 7½%, respectively, and the weighted average coupon rate on submitted orders was 6.0117%.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term Treasury obligations (Meukam)
|
| Amount: | KZT 18 billion
|
| Maturity: | Sept. 15, 2020
|
| Coupon: | 5.8%, payable annually
|
| Auction date: | Sept. 15
|
| Settlement date: | Sept. 15
|
© 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.
