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20.10.1999 00:00

MEKAVM-6 annual tenge yield is 56.4% p.a.; MEKAVM-3 - 35.27% p.a.

/IRBIS, Oct.20, 99/ - On October 21 the Ministry of Finance of Kazakhstan should redeem two issues of the short-term bonds:

  • #2/6B, KZ46L2110990 - volume 2,170,800 USD or 306.1 million tenges at the rate of redemption;
  • #15/3B, KZ43L2110997 - volume 3,702,200 USD or 522.0 mln tenges at at the rate of redemption;

MEKAVM-6 - #2/6B an average weighted rate has developed in currency on the auction to 7.58% p.a. The actual yield in tenge, calculated at the real rates of exchange, has made 56.74% p.a.

MEKAVM-3 - #15/3B an average weighted rate has developed in currency on the auction to 8.41% p.a. The actual yield in tenge, calculated at the real rates of exchange, has made 35.27% p.a.