Actual yield in tenge of MEKAVM, #3/6B - 55.95% APR; MEKAVM, 16/3B - 34.65% APR
27.10.99 00:00
/IRBIS, Oct.27, 99/ - On October 28 the Ministry of Finance of Kazakhstan
should repay two issues of short term liabilities:
- #3/6B, KZ46L2810995 for 2,087.9 thousand USD, or 293.9 mln tenge at
repayment exchange rate;
- #16/3В, KZ43L2810992 for 21,698.7 thousand USD, or 3,055.2 mln tenge
at repayment exchange rate.
Weighted average yield of MEKAVM-6, #3/6B is determined at an auction at
7.58% APR in currency terms. Actual yield in tenge, calculated at a real
exchange rate, made 55.95% APR.
Weighted average yield of MEKAVM-3, #16/3B is determined at an auction
at 8.41% APR in currency terms. Actual yield in tenge, calculated at a real
exchange rate, made 34.65% APR.