Actual tenge yield of MEKAVM #5/6B - 49.32% p.a.; MEKAVM #18/3B - 33.78% p.a.

10.11.99 00:00
/ИРБИС, Nov.10, 99/ - On November 11 the Ministry of finance of Kazakhstan will redeem two issues of short-term indexed bonds: - #5/6B, KZ46L1111999 in volume of $490,000 or 68.7 min tenges at the redemption rate; - #18/3B, KZ43L1111996 in volume of $3,104,900 or 435.3 min tenges at the redemption rate. The average weighted yield of MEKAVM-6 #5/6B developed on auction to 7.62% p.a. in currency expression. Actual yield in tenge, calculated at the real exchange rates, equaled to 49.32% p.a. The average weighted yield of MEKAVM-3 #18/3B developed on auction to 8.41% p.a. in currency expression. Actual yield in tenge, calculated at the real exchange rates, equaled to 33.78% p.a.