By Marisa Wong
Madison, Wis., Aug. 2 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 2.78 billion of 4.48% long-term treasury bonds (Meukam-72, eighth issue) on Thursday.
The bonds will mature on June 13, 2018. Interest is payable annually.
The ministry said this brings the total size of the issue to KZT 19.16 billion. The initial KZT 16.38 billion of long-term treasury bonds settled on June 13.
The newest bonds were auctioned at a net price of 100 for proceeds of KZT 2.8 billion to yield 4.4777%.
Active orders were received for KZT 4.2 billion of bonds. The net price on active orders ranged from 98.4845 to 100.9047.
The amount of accepted orders represents 27.8% of the issuer's planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-72, eighth issue)
|
| Amount: | KZT 2.78 billion
|
| Proceeds: | KZT 2,796,951,822
|
| Maturity: | June 13, 2018
|
| Coupon: | 4.48%, payable annually
|
| Net price: | 100
|
| Yield: | 4.4777%
|
| Auction date: | Aug. 2
|
| Settlement date: | Aug. 2
|
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