By Marisa Wong
Madison, Wis., Aug. 19 – The Kazakhstan Finance Ministry said it accepted orders for KZT 10.55 billion of 5.2% mid-term treasury bonds (Meokam-36, 87th issue) at a special trading session held on Monday.
Pricing details for the three-year bonds were not disclosed.
Active orders were received for KZT 21.95 billion of bonds. The coupon for submitted orders ranged from 4½% to 5.79%.
The amount of accepted orders represents 151% of the issuer’s planned issuance of KZT 7 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-36, 87th issue)
|
| Amount: | KZT 10.55 billion
|
| Maturity: | Aug. 18, 2017
|
| Coupon: | 5.2%, payable semiannually
|
| Auction date: | Aug. 18
|
| Settlement date: | Aug. 18
|
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