By Susanna Moon
Chicago, Sept. 29 - The Kazakhstan Finance Ministry said it accepted orders for 17 billion Kazakh tenge of long-term Treasury obligations (Meujkam) on Wednesday.
The bonds mature on Sept. 29, 2019 and have a coupon of 6.81%, which is payable annually.
Orders were received for KZT 64.623 billion of the bonds.
The government said it issued the bonds at a margin of 1 basis point annual percentage rate above the inflation rate.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term Treasury obligations (Meujkam)
|
| Amount: | KZT 17 billion
|
| Maturity: | Sept. 29, 2019
|
| Coupon: | 6.81%, payable annually
|
| Auction date: | Sept. 24
|
| Settlement date: | Sept. 29
|
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