By Marisa Wong
Madison, Wis., Sept. 25 – The Kazakhstan Finance Ministry said it accepted orders for another KZT 5.1 billion of 5.2% mid-term treasury bonds (Meokam-36, 87th issue) at a special trading session held on Wednesday.
This brings the total size of the issue to KZT 15.65 billion. The initial KZT 10.55 billion of three-year bonds settled on Aug. 18.
The newest bonds were auctioned at a net price of 99.9947 to yield 5.2%.
The amount of accepted orders represents 51% of the issuer’s planned issuance of KZT 10 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
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| Issue: | Mid-term treasury bonds (Meokam-36, 87th issue)
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| Amount: | KZT 5.1 billion
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| Maturity: | Aug. 18, 2017
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| Coupon: | 5.2%, payable semiannually
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| Net price: | 99.9947
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| Yield: | 5.2%
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| Auction date: | Sept. 24
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| Settlement date: | Sept. 24
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