By Marisa Wong
Madison, Wis., Oct. 28 - Kazakhstan Finance Ministry said it accepted orders for KZT 16 billion of long-term treasury bonds (Meujkam) on Friday.
The bonds will mature on Oct. 28, 2018 and have a coupon of 0.01% plus inflation. Interest is payable annually.
Active orders were received for KZT 123.96 billion of bonds. The amount of accepted orders represents 123.1% of the issuer's planned issuance of KZT 13 billion of bonds.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Long-term treasury bonds (Meujkam)
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Amount: | KZT 16 billion
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Maturity: | Oct. 28, 2018
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Coupon: | 0.01% above inflation
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Pricing date: | Oct. 28
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Settlement date: | Oct. 28
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