By Marisa Wong
Madison, Wis., April 11 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 10 billion of mid-term treasury bonds (Meokam-24, 80th issue) on Wednesday.
The ministry said this brings the total size of the 80th issue of mid-term treasury bonds to KZT 25 billion. The initial settlement date for the bonds was April 13, 2011.
The newest bonds priced at 100.2476 to yield 2%, for total proceeds of KZT 10.14 billion.
The bonds will mature on April 13, 2013.
The bonds have a coupon of 2¼%. Interest is payable semiannually.
Active orders were received for KZT 21.45 billion of bonds. The amount of accepted orders represents 100% of the issuer's planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-24, 80th issue)
|
| Amount: | KZT 10 billion
|
| Proceeds: | KZT 10,136,010,000
|
| Maturity: | April 13, 2013
|
| Coupon: | 2¼%, payable semiannually
|
| Price: | 100.2476
|
| Yield: | 2%
|
| Auction date: | April 11
|
| Settlement date: | April 11
|
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