By Marisa Wong
Madison, Wis., Sept. 24 - The Kazakhstan Finance Ministry said it accepted orders for an additional KZT 500 million of 4½% mid-term treasury bonds (Meokam-60, 44th issue) on Monday.
The ministry said this brings the total size of the issue to KZT 11.13 billion. The initial KZT 10.3 billion of bonds settled on Sept. 5, and another KZT 333.33 million settled on Sept. 14.
The newest five-year bonds were auctioned at a net price of 99.9976, for proceeds of KZT 501.18 million, to yield 4½%.
Active orders were received for KZT 1.81 billion of bonds. The net price on submitted orders ranged from 93.6574 to 99.9976.
The amount of accepted orders represents 3.3% of the issuer's planned issuance of KZT 15 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-60, 44th issue)
|
| Amount: | KZT 500 million
|
| Proceeds: | KZT 501,175,500
|
| Maturity: | Sept. 5, 2017
|
| Coupon: | 4½%, payable semiannually
|
| Net price: | 99.9976
|
| Yield: | 4½%
|
| Auction date: | Sept. 24
|
| Settlement date: | Sept. 24
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
