By Marisa Wong
Madison, Wis., April 11 - The Kazakhstan Finance Ministry said it accepted orders for an additional KZT 14.72 billion of 4½% long-term treasury bonds (Meukam-72, ninth issue) on Thursday.
The ministry said this brings the total size of the issue to KZT 25.72 billion. The initial KZT 5 billion of bonds settled on Aug. 21, 2012 and an additional KZT 6 billion settled on Oct. 29.
The newest six-year bonds were auctioned at a net price of 94.7768 for proceeds of KZT 14.37 billion to yield 5.65%.
Active orders were received for KZT 27.95 billion of bonds. The net price on submitted orders ranged from 93.2621 to 95.4355, and yields ranged from 5½% to 6%.
The amount of accepted orders represents 98.1% of the issuer's planned issuance of KZT 15 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-72, ninth issue)
|
| Amount: | KZT 14.72 billion
|
| Proceeds: | KZT 14,374,344,960
|
| Maturity: | Aug. 21, 2018
|
| Coupon: | 4½%, payable annually
|
| Net price: | 94.7768
|
| Yield: | 5.65%
|
| Auction date: | April 11
|
| Settlement date: | April 11
|
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