E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/1/2012 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan sells KZT 6 billion treasury bonds due 2013 to yield 2.458%

By Marisa Wong

Madison, Wis., Oct. 1 - The Kazakhstan Finance Ministry said it accepted orders for KZT 6 billion of short-term treasury bonds (Mekkam-12, 125th issue) on Monday.

The weighted average price for the one-year bonds was 97.601 for total proceeds of KZT 5.86 billion, and the weighted average yield was 2.458%.

Active orders were received for KZT 7.79 billion of bonds. The amount of accepted orders represents 30% of the issuer's planned issuance of KZT 20 billion of bonds.

Issuer:Kazakhstan Finance Ministry
Issue:Short-term treasury bonds (Mekkam-12, 125th issue)
Amount:KZT 6 billion
Maturity:Sept. 30, 2013
Price:97.601
Yield:2.458%
Auction date:Oct. 1
Settlement date:Oct. 1

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.