Actual yield in tenge of MEKAVM-3, #22 - 27.41% APR

08.12.99 00:00
/IRBIS, Dec.8, 99/ - On December 9 the Ministry of Finance of Kazakhstan should repay one issues of short term indexed debts: - #22/3B, KZ43L0912998 for 15,198.3 thousand USD, or 2,102.7 mln tenge at repayment exchange rate. Weighted average yield of MEKAVM-3, #22/3B is determined at an auction at 8.41% APR in currency terms. Actual yield in tenge, calculated at a real exchange rate, equaled 27.41% APR.