By Marisa Wong
Madison, Wis., July 18 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 15.92 billion of 5.49% long-term treasury bonds (Meukam-180, sixth issue) on Wednesday.
The bonds will mature on March 27, 2027. Interest is payable annually.
The ministry said this brings the total size of the issue to KZT 35.92 billion. The initial KZT 20 billion of bonds settled on March 27.
The newest bonds were auctioned at a net price of 102.8992 for proceeds of KZT 16.65 billion to yield 5.2%.
Active orders were received for KZT 26.82 billion of bonds. The amount of accepted orders represents 106.1% of the issuer's planned issuance of KZT 15 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-180, sixth issue)
|
| Amount: | KZT 15.92 billion
|
| Proceeds: | KZT 16,651,038,440.00
|
| Maturity: | March 27, 2027
|
| Coupon: | 5.49%, payable annually
|
| Net price: | 102.8992
|
| Yield: | 5.2%
|
| Auction date: | July 18
|
| Settlement date: | July 18
|
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