Actual yield in tenge of MEKAVM-3 of eleventh issue - 22.40% APR

22.09.99 00:00
/IRBIS, Sep.22, 99/ - On September 23 the Ministry of Finance of Kazakhstan should redeem eleventh issue of MEKAVM-3 (#11/3B, KZ43L2309995) for an amount of USD12,334.2 thousand, which equals to 1,671.3 mln tenge at redemption rate. Weighted average yield at the auction made 8.37% APR in terms of currency. Actual yield in tenge, calculated by IRBIS at a real exchange rate, made 22.40% APR.