By Marisa Wong
Madison, Wis., Dec. 15 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 9.55 billion of long-term treasury bonds (Meukam-156, fourth issue) on Thursday.
The ministry said this brings the total size of the fourth issue to KZT 19.55 billion. The ministry previously placed KZT 10 billion of fourth issue long-term treasury bonds.
The newest bonds priced at 98.1448 for a total of KZT 9.48 billion.
The bonds will mature on Sept. 21, 2024.
The bonds have a coupon of 5.2%. Interest is payable annually.
Active orders were received for KZT 11.17 billion of bonds. The amount of accepted orders represents 63.67% of the issuer's planned issuance of KZT 15 billion of bonds.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Long-term treasury bonds (Meukam-156, fourth issue)
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Amount: | KZT 9,547,000,000
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Proceeds: | KZT 9,481,265,722.67
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Maturity: | Sept. 21, 2024
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Coupon: | 5.2%, payable annually
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Price: | 98.1448
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Auction date: | Dec. 15
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Settlement date: | Dec. 15
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