By Marisa Wong
Madison, Wis., Jan. 30 - The Kazakhstan Finance Ministry said it accepted orders for KZT 14 billion of long-term treasury bonds (Meujkam-132, fifth issue) on Thursday.
The 11-year bonds have a coupon of inflation plus 10 basis points.
The ministry said that the current inflation rate for the trailing 12 months reached 104.903. With that, the forecast yield to maturity of the placed bonds is estimated at 5%.
Active orders were received for KZT 19 billion of bonds.
The amount of accepted orders represents 88% of the issuer's planned placement of KZT 16 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meujkam-132, fifth issue)
|
| Amount: | KZT 14 billion
|
| Maturity: | Jan. 30, 2025
|
| Coupon: | Inflation plus 10 bp, payable annually
|
| Pricing date: | Jan. 30
|
| Settlement date: | Jan. 30
|
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