By Marisa Wong
Morgantown, W.Va., July 17 – The Kazakhstan Finance Ministry said it sold KZT 50.3 billion of additional 8.44% long-term treasury bonds due May 10, 2031 (Meukam-156, sixth issue) at a repeated special trading session held on Monday.
The “clean” price was 99.9492, corresponding to a yield of 8.44%.
The amount of accepted orders represents 201.2% of the issuer’s planned placement of KZT 25 billion of bonds.
The issuer sold the original KZT 25 billion of 8.44% bonds on May 10 and an additional KZT 25 billion on June 11.
| Issuer: | Kazakhstan Finance Ministry
|
| Issue: | Long-term treasury bonds (Meukam-156, sixth issue)
|
| Amount: | KZT 50.3 billion
|
| Maturity: | May 10, 2031
|
| Coupon: | 8.44%
|
| Price: | 99.9492
|
| Yield: | 8.44%
|
| Auction date: | July 16
|
| Settlement date: | July 16
|
| Total issuance: | KZT 100.3 billion, including KZT 25 billion issued on May 10 and KZT 25 billion issued on June 11
|
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