Additional placement of MEKKAM-6 at 92.24 (16.83% APR)

24.03.00 00:00
/IRBIS, March 24, 00/ - Today the Ministry of finance of Kazakhstan with the National Bank of Kazakhstan holds an auction for placing MEKKAM with 182 days of circulation (#131/6) within planned volume of KZT500 mln. After processing submitted applications cut-off price was settled at 92.24 tenge (16.83% APR). Primary dealers and their clients were suggested to submit additional applications at 92.24 tenge, which corresponds to 16.83% APR. Compared to previous issue yield of MEKKAM-6 did not change.