By Marisa Wong
Madison, Wis., Sept. 30 - The Kazakhstan Finance Ministry said it accepted orders for KZT 80 billion of long-term treasury bonds (Meujkam-156, fourth issue) on Monday.
The 13-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 105.8470. With that, the forecast yield to maturity of the placed bonds is estimated at 5.86%.
Active orders were received for KZT 130.94 billion of bonds.
The amount of accepted orders represents 160% of the issuer's planned placement of KZT 50 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meujkam-156, fourth issue)
|
| Amount: | KZT 80 billion
|
| Maturity: | Sept. 30, 2026
|
| Coupon: | Inflation plus 1 bp, payable annually
|
| Pricing date: | Sept. 30
|
| Settlement date: | Sept. 30
|
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