By Marisa Wong
Morgantown, W.Va., Jan. 24 – The Kazakhstan Finance Ministry said it sold KZT 24.2 billion of mid-term treasury bonds (Meokam-60, 50th issue) at a special trading session held on Monday.
The five-year bonds carry a coupon of 9.7%.
Pricing details were not disclosed.
The amount of accepted orders represents 101% of the issuer’s planned issuance of KZT 24 billion of bonds.
Issuer: | Kazakhstan Finance Ministry
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Issue: | Mid-term treasury bonds (Meokam-60, 50th issue)
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Amount: | KZT 24.2 billion
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Maturity: | Jan. 23, 2022
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Coupon: | 9.7%
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Auction date: | Jan. 23
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Settlement date: | Jan. 23
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