By Marisa Wong
Madison, Wis., June 11 – The Kazakhstan Finance Ministry said it accepted orders for another KZT 21.16 billion of 5.6% long-term treasury bonds (Meukam-132, third issue) on Wednesday.
The ministry said this brings the total size of the issue to KZT 41.29 billion. The original KZT 20.13 billion of 11-year bonds settled on March 25, 2011.
The newest bonds were auctioned at a net price of 93.0066 for proceeds of KZT 19.93 billion to yield 6.78%.
The net price on active orders submitted ranged from 91.7744 to 94.6029, and the yields ranged from 6½% to 7.0003%.
The amount of accepted orders represents 212% of the issuer’s planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-132, third issue)
|
| Amount: | KZT 21.16 billion
|
| Proceeds: | KZT 19,930,354,782
|
| Maturity: | March 25, 2022
|
| Coupon: | 5.6%, payable annually
|
| Net price: | 93.0066
|
| Yield: | 6.78%
|
| Auction date: | June 11
|
| Settlement date: | June 11
|
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