By Marisa Wong
Madison, Wis., Aug. 15 - The Kazakhstan Finance Ministry said it accepted orders for KZT 11.3 billion of 4.93% long-term treasury bonds (Meukam) on Monday.
The bonds priced at 100.2298, for a total of KZT 11.43 billion, to yield 4.9%.
The bonds will mature on June 9, 2022.
Interest is payable annually.
Active orders were received for KZT 23.45 billion of bonds. The amount of accepted orders represents 113% of the issuer's planned issuance of KZT 10 billion of bonds.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Long-term treasury bonds (Meukam)
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Amount: | KZT 11.3 billion
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Maturity: | June 9, 2022
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Coupon: | 4.93%, payable annually
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Price: | 100.2298
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Yield: | 4.9%
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Auction date: | Aug. 15
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Settlement date: | Aug. 15
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