By Marisa Wong
Madison, Wis., July 11 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 11.45 billion of 4.2% mid-term treasury bonds (Meokam-60, 43rd issue) on Wednesday.
The bonds mature on March 14, 2017. Interest is payable semiannually.
The ministry said this brings the total size of the issue to KZT 41.15 billion. The initial KZT 13.33 billion of mid-term treasury bonds settled on March 14, and an additional KZT 16.37 billion settled on June 6.
The newest bonds were auctioned at a net price of 100 for proceeds of KZT 11.61 billion to yield 4.1988%.
Active orders were received for KZT 23.92 billion of bonds. The net price on submitted orders ranged from 96.2921 to 100.2205.
The amount of accepted orders represents 76.3% of the issuer's planned issuance of KZT 15 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-60, 43rd issue)
|
| Amount: | KZT 11,449,000,000
|
| Proceeds: | KZT 11,605,278,850
|
| Maturity: | March 14, 2017
|
| Coupon: | 4.2%, payable semiannually
|
| Net price: | 100.0000
|
| Yield: | 4.1988%
|
| Auction date: | July 11
|
| Settlement date: | July 11
|
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