By Marisa Wong
Madison, Wis., May 30 - The Kazakhstan Finance Ministry said it accepted orders for KZT 10 billion of long-term treasury bonds (Meujkam-144, fourth issue) on Thursday.
The 12-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 106.588. With that, the forecast yield to maturity of the placed bonds is estimated at 6.598%.
Active orders were received for KZT 151.29 billion of bonds.
The amount of accepted orders represents 100% of the issuer's planned issuance.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meujkam-144, fourth issue)
|
| Amount: | KZT 10 billion
|
| Maturity: | May 30, 2025
|
| Coupon: | Inflation plus 1 bp, payable annually
|
| Pricing date: | May 30
|
| Settlement date: | May 30
|
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