By Marisa Wong
Madison, Wis., July 16 – The Kazakhstan Finance Ministry said it accepted orders for KZT 23.5 billion of 7¼% long-term treasury bonds (Meukam-132, sixth issue) at a special trading session held on Wednesday.
Pricing details for the 11-year bonds were not disclosed.
Active orders were received for KZT 25.5 billion of bonds. The coupon for submitted orders ranged from 7.2% to 7.35%.
The amount of accepted orders represents 147% of the issuer’s planned issuance of KZT 16 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-132, sixth issue)
|
| Amount: | KZT 23.5 billion
|
| Maturity: | July 16, 2025
|
| Coupon: | 7¼%, payable annually
|
| Auction date: | July 16
|
| Settlement date: | July 16
|
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