Kazakhstan Ministry of Finance places 55m MEUKAM bonds on KASE at 13.89%
Summary
The Ministry of Finance of Kazakhstan placed 55.0 million MEUKAM bonds on KASE on October 6 with a yield to maturity of 13.89%.
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The Ministry of Finance of the Republic of Kazakhstan conducted a government securities auction on the Kazakhstan Stock Exchange (KASE).
On October 6, the ministry successfully placed 55.0 million MEUKAM government long-term treasury bonds under the issue code KZKD00001293 (MUM156_0008).
According to the official auction results, the yield to maturity for the placed sovereign debt securities was set at 13.89% per annum.
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The placement demonstrates steady domestic demand for tenge-denominated sovereign debt among institutional investors under current macroeconomic conditions.
Source: KASE
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