By Marisa Wong
Madison, Wis., Jan. 30 - Kazakhstan Finance Ministry said it accepted orders for KZT 12 billion of long-term treasury bonds (Meujkam-132, first issue) on Monday.
The bonds mature on May 30, 2022 and have a coupon of 0.01% plus inflation. Interest is payable annually.
The ministry said this brings the total size of the first issue of Meujkam-132 bonds to KZT 17 billion. The initial settlement date for the bonds was May 30, 2011.
The newest bonds priced at 109.77, for proceeds of KZT 13.17 billion, with a forecast yield of 6.7693%.
Active orders were received for KZT 111.7 billion of bonds. The amount of accepted orders represents 100% of the issuer's planned issuance of KZT 12 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meujkam-132, first issue)
|
| Amount: | KZT 12 billion
|
| Proceeds: | KZT 13,172,400,000
|
| Maturity: | May 30, 2022
|
| Coupon: | 0.01% above inflation, payable annually
|
| Price: | 109.77
|
| Yield: | 6.7693%
|
| Pricing date: | Jan. 30
|
| Settlement date: | Jan. 30
|
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