By Marisa Wong
Madison, Wis., Feb. 23 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 6.7 billion of long-term treasury bonds (Meukam-84, 10th issue) on Wednesday.
The ministry said this brings the total size of the 10th issue of long-term treasury bonds to KZT 18.67 billion. The initial settlement date for the bonds was Aug. 10, 2011.
The net price for the newest bonds was 96.4, for total proceeds of KZT 6.56 billion.
The bonds will mature on Aug. 10, 2018.
The bonds have a coupon of 4½%. Interest is payable annually.
Active orders were received for KZT 15.95 billion of bonds. The amount of accepted orders represents 66.7% of the issuer's planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-84, 10th issue)
|
| Amount: | KZT 6.7 billion
|
| Proceeds: | KZT 6,563,554,899
|
| Maturity: | Aug. 10, 2018
|
| Coupon: | 4½%, payable annually
|
| Price: | 96.4
|
| Auction date: | Feb. 22
|
| Settlement date: | Feb. 22
|
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