By Marisa Wong
Madison, Wis., Feb. 27 - The Kazakhstan Finance Ministry said it accepted orders for another KZT 5 billion of long-term treasury bonds (Meujkam-228, second issue) on Wednesday.
The bonds have a coupon of inflation plus 1 basis point.
The issuer said this brings the total size of the second issue of Meujkam-228 bonds to KZT 18.1 billion. The initial KZT 13.1 billion of 19-year bonds settled on Dec. 30, 2009.
The newest bonds were auctioned at a "dirty" price of 100.9025 for proceeds of KZT 5.05 billion.
Active orders were received for KZT 20.18 billion of bonds. The "dirty" price on active orders ranged from 100.9025 to 100.9030.
The amount of accepted orders represents 100% of the issuer's planned placement.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meujkam-228, second issue)
|
| Amount: | KZT 5 billion
|
| Proceeds: | KZT 5,045,125,000
|
| Maturity: | Dec. 30, 2028
|
| Coupon: | Inflation plus 1 bps
|
| Price: | 100.9025
|
| Auction date: | Feb. 27
|
| Settlement date: | Feb. 27
|
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