By Marisa Wong
Madison, Wis., Nov. 27 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 2.59 billion of 5½% mid-term treasury bonds (Meokam-60, 46th issue) on Tuesday.
The ministry said this brings the total size of the issue to KZT 22.19 billion. The initial KZT 19.6 billion of five-year bonds settled on Oct. 23.
The net price for the latest bonds was 99.9943, for total proceeds of KZT 2.61 billion, to yield 5½%.
Active orders were received for KZT 5.15 billion of bonds. The net price on submitted orders ranged from 95.8498 to 101.0635, and the yields ranged form 5¼% to 6½%.
The amount of accepted orders represents 25.9% of the issuer's planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-60, 46th issue)
|
| Amount: | KZT 2,592,200,000
|
| Proceeds: | KZT 2,605,517,283
|
| Maturity: | Oct. 23, 2017
|
| Coupon: | 5½%
|
| Net price: | 99.9943
|
| Yield: | 5½%
|
| Auction date: | Nov. 27
|
| Settlement date: | Nov. 27
|
© 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.
