By Marisa Wong
Madison, Wis., Jan. 18 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 16 billion of long-term treasury bonds (Meukam-120, 10th issue) on Jan. 18.
The ministry said this brings the total size of the 10th issue of long-term treasury bonds to KZT 25.83 billion. The initial settlement date for the bonds was Dec. 21.
The newest bonds priced at 100.3699 to yield 5¼%, for total proceeds of KZT 16.12 billion.
The bonds will mature on Dec. 21, 2021.
The bonds have a coupon of 5.3%. Interest is payable annually.
Active orders were received for KZT 21.88 billion of bonds. The amount of accepted orders represents 100% of the issuer's planned issuance of KZT 16 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-120, 10th issue)
|
| Amount: | KZT 16 billion
|
| Proceeds: | KZT 16,122,784,000
|
| Maturity: | Dec. 21, 2021
|
| Coupon: | 5.3%, payable annually
|
| Price: | 100.3699
|
| Yield: | 5¼%
|
| Auction date: | Jan. 18
|
| Settlement date: | Jan. 18
|
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