By Marisa Wong
Madison, Wis., Dec. 27 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 3.33 billion of long-term treasury bonds (Meukam-156, third issue) on Dec. 26.
The ministry said this brings the total size of the third issue of long-term treasury bonds to KZT 13.89 billion. The initial settlement date for the bonds was Jan. 25, 2011.
The net price for the newest bonds was 99.9904, for total proceeds of KZT 3.49 billion.
The bonds will mature on Jan. 25, 2024.
The bonds have a coupon of 5.15%. Interest is payable annually.
Active orders were received for KZT 4.67 billion of bonds. The amount of accepted orders represents 22.22% 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, third issue)
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Amount: | KZT 3,333,333,000
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Proceeds: | KZT 3,490,850,947.22
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Maturity: | Jan. 25, 2024
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Coupon: | 5.15%, payable annually
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Price: | 99.9904
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Auction date: | Dec. 26
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Settlement date: | Dec. 26
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