Actual yield in tenge of MEKAVM-6, #28 - 14.57% APR

28.07.00 00:00
/IRBIS, July 28, 00/ - Today the Ministry of finance of Kazakhstan repays 28th issue of MEKAVM-6 (KZ46L2807A05) for 19,221.5 thousand USD, or 2,742.9 mln tenge at repayment exchange rate. Weighted average yield of these bonds is settled at the auction at 9.75% APR in currency terms. Actual yield in tenge, calculated at conversion rate, equaled 14.57% APR.