By Marisa Wong
Madison, Wis., June 20 – The Kazakhstan Finance Ministry said it accepted orders for KZT 16 billion of 7.47% long-term treasury bonds (Meukam-156, fifth issue) at a special trading session held on Friday.
Pricing details for the 13-year bonds were not disclosed.
Active orders were received for KZT 23 billion of bonds. The coupon for submitted orders ranged from 7.47% to 7.6%.
The amount of accepted orders represents 160% of the issuer’s planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-156, fifth issue)
|
| Amount: | KZT 16 billion
|
| Maturity: | June 20, 2027
|
| Coupon: | 7.47%, payable annually
|
| Auction date: | June 20
|
| Settlement date: | June 20
|
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