By Marisa Wong
Morgantown, W.Va., Aug. 22 – The Kazakhstan Finance Ministry said it placed KZT 4 billion of mid-term treasury bonds due April 24, 2019 (Meokam-24, 85th issue) at a special trading session held on Monday.
The 9.2% bonds were sold at a “clean” price of 100.5113, corresponding to a yield of 8.85%.
The amount of accepted orders represents 66.7% of the issuer’s planned placement of KZT 6 billion of bonds.
Including the current tranche, the ministry has issued KZT 28.68 billion of the 9.2% bonds since April.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-24, 85th issue)
|
| Amount: | KZT 4 billion
|
| Maturity: | April 24, 2019
|
| Coupon: | 9.2%
|
| Price: | 100.5113
|
| Yield: | 8.85%
|
| Auction date: | Aug. 21
|
| Settlement date: | Aug. 21
|
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