By Marisa Wong
Madison, Wis., June 6 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 16.37 billion of 4.2% mid-term treasury bonds (Meokam-60, 43rd issue) on Wednesday.
The ministry said this brings the total size of the issue to KZT 29.7 billion. The initial KZT 13.33 billion of mid-term treasury bonds settled on March 14.
The additional bonds were auctioned at a net price of 100.0000, for proceeds of KZT 16.52 billion, to yield 4.1987%.
The bonds mature on March 14, 2017. Interest is payable semiannually.
Active orders were received for KZT 34.56 billion of bonds. The net price on submitted orders ranged from 97.8786 to 100.8559.
The amount of accepted orders represents 163.7% of the issuer's planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-60, 43rd issue)
|
| Amount: | KZT 16,366,000,000
|
| Proceeds: | KZT 16,522,568,066.67
|
| Maturity: | March 14, 2017
|
| Coupon: | 4.2%, payable semiannually
|
| Net price: | 100.0000
|
| Yield: | 4.1987%
|
| Auction date: | June 6
|
| Settlement date: | June 6
|
© 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.
