By Marisa Wong
Madison, Wis., March 11 – The Kazakhstan Finance Ministry said it accepted orders for KZT 30 billion of additional 7.68% long-term treasury bonds (Meukam-180, 12th issue) at a special trading session held on Wednesday.
This brings the total size of the issue to KZT 35 billion. The initial KZT 5 billion of 15-year bonds settled on Feb. 4.
The newest bonds were auctioned at a net price of 100.0611 to yield 7.67%.
The amount of accepted orders represents 86% of the issuer’s planned issuance of KZT 35 billion of bonds.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-180, 12th issue)
|
| Amount: | KZT 30 billion
|
| Maturity: | Feb. 4, 2030
|
| Coupon: | 7.68%, payable annually
|
| Price: | 100.0611
|
| Yield: | 7.67%
|
| Auction date: | March 11
|
| Settlement date: | March 11
|
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