By Marisa Wong
Madison, Wis., Aug. 5 - The Kazakhstan Finance Ministry said it accepted orders for an additional KZT 3.65 billion of short-term treasury bonds (Mekkam-12, 131st issue) on Monday.
The ministry said this brings the total size of the issue to KZT 7.15 billion. The initial KZT 3.5 billion of one-year bonds settled on June 5.
The latest bonds priced at 97.7211 to yield 2.8%. Proceeds totaled KZT 3.57 billion.
Active orders were received for KZT 4.54 billion of bonds. Net prices on submitted orders ranged from 97.5623 to 97.7211, and yields ranged from 2.8% to 3%.
The amount of accepted orders represents 30.4% of the issuer's planned issuance of KZT 12 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Short-term treasury bonds (Mekkam-12, 131st issue)
|
| Amount: | KZT 3.65 billion
|
| Proceeds: | KZT 3,566,820,150
|
| Maturity: | June 5, 2014
|
| Price: | 97.7211
|
| Yield: | 2.8%
|
| Auction date: | Aug. 5
|
| Settlement date: | Aug. 5
|
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