Actual yield of sixth issue of MEKAVM-3 in tenge - 55.02% APR

19.08.99 00:00
/IRBIS, Aug.19, 99/ - On August 19 the Ministry of Finance should redeem the sixth issue of MEKAVM-3 (#6/3V, KZ43L1908995) for USD2,863.4 thousand or equivalent of 377.7 mln tenge at a redemption exchange rate. On auction the weighted average yield has made 7.41% APR in terms of currency. Actual yield in tenge, calculated by IRBIS at a real conversion exchange rate, has made 55.02% APR.