By Marisa Wong
Madison, Wis., Dec. 13 - The Kazakhstan Finance Ministry said it accepted orders for KZT 30 billion of long-term treasury bonds (Meujkam-180, eighth issue) on Friday.
The 15-year bonds have a coupon of inflation plus 1 basis point.
The ministry said that the current inflation rate for the trailing 12 months reached 104.799. With that, the forecast yield to maturity of the placed bonds is estimated at 4.9%.
Active orders were received for KZT 33 billion of bonds.
The amount of accepted orders represents 30% of the issuer's planned placement of KZT 100 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meujkam-180, eighth issue)
|
| Amount: | KZT 30 billion
|
| Maturity: | Dec. 13, 2028
|
| Coupon: | Inflation plus 1 bp, payable annually
|
| Pricing date: | Dec. 13
|
| Settlement date: | Dec. 13
|
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