By Marisa Wong
Madison, Wis., July 9 – The Kazakhstan Finance Ministry said it accepted orders for KZT 8.3 billion of 6.65% long-term treasury bonds (Meukam-84, 15th issue) at a special trading session held on Wednesday.
Pricing details for the seven-year bonds were not disclosed.
Active orders were received for KZT 20.8 billion of bonds. The coupon for submitted orders ranged from 6.45% to 7¼%.
The amount of accepted orders represents 59% of the issuer’s planned issuance of KZT 14 billion of bonds.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Long-term treasury bonds (Meukam-84, 15th issue)
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Amount: | KZT 8.3 billion
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Maturity: | July 9, 2021
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Coupon: | 6.65%, payable annually
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Auction date: | July 9
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Settlement date: | July 9
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