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 12/5/2011 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan auctions KZT 4.33 billion Treasury bonds due 2012 to yield 1.6215%

By Marisa Wong

Madison, Wis., Dec. 5 - The Kazakhstan Finance Ministry said it accepted orders for KZT 4.33 billion of short-term Treasury bonds (Mekkam) due Dec. 5, 2012 on Monday.

The bonds were priced at 98.4044, for a total of KZT 4.26 billion, to yield 1.6215%.

Active orders were received for KZT 9.24 billion. The amount of accepted orders represents 28.9% of the issuer's planned issuance of KZT 15 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Short-term Treasury bonds (Mekkam)
Amount:KZT 4,333,333,300
Proceeds:KZT 4,264,190,733.87
Maturity:Dec. 5, 2012
Price:98.4044
Yield:1.6215%
Auction date:Dec. 5
Settlement date:Dec. 5

© 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.