By Marisa Wong
Madison, Wis., Oct. 19 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 2 billion of short-term treasury bonds (Mekkam-12, 125th issue) on Friday.
The ministry said this brings the total size of the issue to KZT 8 billion. The initial KZT 6 billion of one-year bonds settled on Oct. 1.
The weighted average price for the newest bonds was 97.2013, for total proceeds of KZT 1.94 billion, and the weighted average yield was 3.0286%.
Active orders were received for KZT 6.96 billion of bonds. The net price on submitted orders ranged from 95.8974 to 97.2270.
The amount of accepted orders represents 40% of the issuer's planned issuance of KZT 5 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Short-term treasury bonds (Mekkam-12, 125th issue)
|
| Amount: | KZT 2 billion
|
| Proceeds: | KZT 1,944,026,500
|
| Maturity: | Oct. 1, 2013
|
| Net price: | 97.2013
|
| Yield: | 3.0286%
|
| Auction date: | Oct. 19
|
| Settlement date: | Oct. 19
|
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