Tenth issue MEKAVM-3 effective tenge yield -19.86% p.a.

16.09.99 00:00
/IRBIS, Sep.16, 99/ - September 16 the Ministry of Finance of Kazakhstan should repay $2,665,800 (359.9 mln tenge at the redemption rate) of the MEKAVM-3 10th issue (#10/3B, KZ43L1609999). Weighted average yield on the auction has amounted to 7.41% p.a. in a hard currency. Weighted average effective yield in tenge, calculated by IRBIS using the real exchange rates, is 19.86% p.a.