By Marisa Wong
Morgantown, W.Va., Oct. 16 – The Kazakhstan Finance Ministry said it sold KZT 37 billion of additional mid-term treasury bonds due August 2021 (Meokam-48, 51st issue) at a repeated special trading session held on Friday.
The “clean” price for the bonds was 99.9783, corresponding to a yield of 8.99%.
The amount of accepted orders represents 231.3% of the issuer’s planned placement of KZT 16 billion of bonds.
The ministry issued an initial KZT 1 billion of the bonds on Aug. 14, an additional KZT 6.2 billion on Sept. 11 and a further KZT 22.8 billion on Oct. 6.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Mid-term treasury bonds (Meokam-48, 51st issue)
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| Amount: | KZT 37 billion
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| Maturity: | Aug. 14, 2021
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| Price: | 99.9783
|
| Yield: | 8.99%
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| Auction date: | Oct. 13
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| Settlement date: | Oct. 13
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| Total issuance: | KZT 70 billion, including KZT 1 billion issued on Aug. 14, KZT 6.2 billion on Sept. 11 and KZT 22.8 billion on Oct. 6
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