By Marisa Wong
Madison, Wis., Nov. 14 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 4.6 billion of 3.1% mid-term treasury bonds (Meokam-36, 83rd issue) on Wednesday.
The ministry said this brings the total size of the issue to KZT 13.77 billion. The initial KZT 9.17 billion of three-year bonds settled on Dec. 7, 2011.
The net price for the latest bonds was 98.2, for total proceeds of KZT 4.58 billion, to yield 4.0166%.
Active orders were received for KZT 16.91 billion of bonds. The net price on submitted orders ranged from 93.528 to 98.2, and the yields ranged form 4.0166% to 6½%.
The amount of accepted orders represents 57.5% of the issuer's planned issuance of KZT 8 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-36, 83rd issue)
|
| Amount: | KZT 4.6 billion
|
| Proceeds: | KZT 4,579,389,444
|
| Maturity: | Dec. 7, 2014
|
| Coupon: | 3.1%
|
| Net price: | 98.2
|
| Yield: | 4.0166%
|
| Auction date: | Nov. 14
|
| Settlement date: | Nov. 14
|
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