By Marisa Wong
Madison, Wis., Aug. 28 - Kazakhstan Finance Ministry said it accepted orders for KZT 30 billion of long-term treasury bonds (Meujkam-168, fifth issue) on Tuesday.
The bonds will mature on Aug. 28, 2026 and have a coupon of inflation plus 1 basis point. Interest is payable annually.
The ministry said that the current inflation rate for the trailing 12 months reached 104.8009. With that, the forecast yield to maturity of the placed bonds is estimated at 4.81%.
Active orders were received for KZT 153.3 billion of bonds.
The amount of accepted orders represents 200% of the issuer's planned issuance of KZT 15 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meujkam-168, fifth issue)
|
| Amount: | KZT 30 billion
|
| Maturity: | Aug. 28, 2026
|
| Coupon: | Inflation plus 1 bp
|
| Pricing date: | Aug. 28
|
| Settlement date: | Aug. 28
|
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