By Marisa Wong
Madison, Wis., Aug. 6 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 4 billion of short-term treasury bonds (Mekkam-12, 124th issue) on Monday.
The bonds will mature on July 4, 2013.
The ministry said this brings the total size of the issue to KZT 14 billion. The initial KZT 10 billion of short-term bonds settled on July 4.
The weighted average price for the newest bonds was 98.195, for total proceeds of KZT 3.93 billion, and the weighted average yield was 2.0209%.
Active orders were received for KZT 3.93 billion of bonds. The net price on active orders ranged from 98.1766 to 98.2133.
The amount of accepted orders represents 40% of the issuer's planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Short-term treasury bonds (Mekkam-12, 124th issue)
|
| Amount: | KZT 4 billion
|
| Proceeds: | KZT 3,927,798,000
|
| Maturity: | July 4, 2013
|
| Net price: | 98.195
|
| Yield: | 2.0209%
|
| Auction date: | Aug. 6
|
| Settlement date: | Aug. 6
|
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