Actual yield in tenge of MEKAVM-12 #2 - 14.49% APR

/IRBIS, Jan 25, 01/ - On January 25 the Ministry of Finance of Kazakhstan repaid the 2nd issue of MEKAVM-12 (KZ4CL2501A17) for an amount of $1,955.0 thousand, or KZT283,670.5 th at repayment exchange rate. Weighted average yield of these bonds has settled at the auction at 10.07% APR in currency terms. Actual yield in tenge, calculated at a conversion rate, equaled 14.49% APR.