By Marisa Wong
Madison, Wis., Aug. 9 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 2.5 billion of 5% long-term treasury bonds (Meukam-132, fifth issue) on Thursday.
The bonds will mature on May 15, 2023. Interest is payable annually.
The ministry said this brings the total size of the issue to KZT 24.15 billion. The initial KZT 21.65 billion of long-term treasury bonds settled on May 15.
The additional bonds were auctioned at a net price of 99.9783 for proceeds of KZT 2.53 billion to yield 5%.
Active orders were received for KZT 3.77 billion of bonds. The net price on submitted orders ranged from 92.2074 to 100.0601.
The amount of accepted orders represents 25% of the issuer's planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-132, fifth issue)
|
| Amount: | KZT 2.5 billion
|
| Proceeds: | KZT 2,528,624,167
|
| Maturity: | May 15, 2023
|
| Coupon: | 5%, payable annually
|
| Net price: | 99.9783
|
| Yield: | 5%
|
| Auction date: | Aug. 9
|
| Settlement date: | Aug. 9
|
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