By Marisa Wong
Madison, Wis., Nov. 13 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 7.55 billion of 5% treasury bonds due 2015 (Meokam-60, 34th issue) on Monday.
The ministry said this brings the total size of the issue to KZT 21.55 billion. The original KZT 14 billion of mid-term treasury bonds settled on May 20, 2010.
The additional bonds were auctioned at a net price of 99.9987 for proceeds of KZT 7.73 billion to yield 5%.
Active orders were received for KZT 11.07 billion of bonds. The net price on submitted orders ranged from 98.6050 to 102.3756.
The amount of accepted orders represents 151% of the issuer's planned issuance of KZT 5 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-60, 34th issue)
|
| Amount: | KZT 7.55 billion
|
| Proceeds: | KZT 7,730,262,961
|
| Maturity: | May 20, 2015
|
| Coupon: | 5%, payable semiannually
|
| Net price: | 99.9987
|
| Yield: | 5%
|
| Auction date: | Nov. 12
|
| Settlement date: | Nov. 12
|
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