By Marisa Wong
Madison, Wis., April 29 - The Kazakhstan Finance Ministry said it accepted orders for KZT 10 billion of long-term treasury bonds (Meujkam-132, third issue) on Monday.
The 11-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 107.0129. With that, the forecast yield to maturity of the placed bonds is estimated at 7.02%.
Active orders were received for KZT 105.03 billion of bonds.
The amount of accepted orders represents 100% of the issuer's planned issuance.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Long-term treasury bonds (Meujkam-132, third issue)
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Amount: | KZT 10 billion
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Maturity: | April 29, 2024
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Coupon: | Inflation plus 1 bp, payable annually
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Pricing date: | April 29
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Settlement date: | April 29
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