By Marisa Wong
Morgantown, W.Va., Oct. 3 – The Kazakhstan Finance Ministry said it sold KZT 3 billion of additional mid-term treasury bonds (Meokam-24, 86th issue) at a repeated special trading session held on Monday.
The ministry had issued an initial KZT 300 million of the 8˝% two-year bonds on Sept. 18, as previously reported.
The latest bonds were sold at a “clean” price of 99.9937, corresponding to a yield of 8˝%.
The amount of accepted orders represents 100% of the issuer’s planned placement.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-24, 86th issue)
|
| Amount: | KZT 3 billion
|
| Maturity: | Sept. 18, 2019
|
| Coupon: | 8˝%
|
| Price: | 99.9937
|
| Yield: | 8˝%
|
| Auction date: | Oct. 2
|
| Settlement date: | Oct. 2
|
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