By Marisa Wong
Madison, Wis., May 30 - Kazakhstan Finance Ministry said it accepted orders for KZT 25 billion of long-term treasury bonds (Meujkam-216, fifth issue) on Wednesday.
The bonds will mature on May 30, 2030 and have a coupon of inflation plus 1 basis point. Interest is payable annually.
The ministry said that the current inflation rate for the trailing 12 months reached 104.8013. With that, the forecast yield to maturity of the placed bonds is estimated at 4.81%.
Active orders were received for KZT 164.63 billion of bonds. The amount of accepted orders represents 166.7% of the issuer's planned issuance of KZT 15 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meujkam-216, fifth issue)
|
| Amount: | KZT 25 billion
|
| Maturity: | May 30, 2030
|
| Coupon: | Inflation plus 1 bp
|
| Pricing date: | May 30
|
| Settlement date: | May 30
|
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