Actual yield of MEKAVM-12 #4 in tenge - 14.41% APR

08.02.01 00:00
/IRBIS, Feb 8, 01/ - On February 9, 2001 the Ministry of Finance will repay the 4th issue of MEKAVM-12 (KZ4CL0902A16) for USD11,005.2 th., or KZT1,597.4 mln at repayment exchange rate. Weighted average yield of these bonds has settled at 10.07% APR in currency terms at the auction. Actual yield in tenge, calculated at conversion rate, equaled 14.41% APR.