By Marisa Wong
Madison, Wis., Dec. 28 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 3 billion of long-term treasury bonds (Meukam-108, seventh issue) on Dec. 28.
The ministry said this brings the total size of the seventh issue of long-term treasury bonds to KZT 11.6 billion. The initial settlement date for the bonds was Dec. 14.
The net price for the newest bonds was 99.9955, for total proceeds of KZT 3.01 billion.
The bonds will mature on Dec. 14, 2020.
The bonds have a coupon of 5%. Interest is payable annually.
Active orders were received for KZT 11.31 billion of bonds. The amount of accepted orders represents 20% of the issuer's planned issuance of KZT 15 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-108, seventh issue)
|
| Amount: | KZT 3 billion
|
| Proceeds: | KZT 3,005,698,333.33
|
| Maturity: | Dec. 14, 2020
|
| Coupon: | 5%, payable annually
|
| Price: | 99.9955
|
| Auction date: | Dec. 28
|
| Settlement date: | Dec. 28
|
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