By Marisa Wong
Madison, Wis., March 11 - The Kazakhstan Finance Ministry said it accepted orders for an additional KZT 6.65 billion of 3½% mid-term treasury bonds due 2015 (Meokam-36, 84th issue) on Monday.
The ministry said this brings the total size of the issue to KZT 21.32 billion. The initial KZT 10 billion of bonds settled on Jan. 12, 2012, and an additional KZT 4.67 billion settled on Jan. 15.
The newest bonds were auctioned at a net price of 100.5278 for proceeds of KZT 6.72 billion to yield 3.2%.
Active orders were received for KZT 25.41 billion of bonds. The net price on submitted orders ranged from 98.4681 to 100.5278, with yields ranging from 3.2% to 4.37%.
The amount of accepted orders represents 66.5% of the issuer's planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-36, 84th issue)
|
| Amount: | KZT 6.65 billion
|
| Proceeds: | KZT 6,723,243,839
|
| Maturity: | Jan. 12, 2015
|
| Coupon: | 3½%, payable semiannually
|
| Net price: | 100.5278
|
| Yield: | 3.2%
|
| Auction date: | March 11
|
| Settlement date: | March 11
|
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