Actual yield of MEKAVM-12 #6 in tenge - 13.76% APR

02.03.01 00:00
/IRBIS, March 2, 01/ - Today the Ministry of Finance of Kazakhstan repaid 6th issue of MEKAVM-12 for a total of 9,582.8 th. U.S. dollars, or KZT1,392.4 mln at repayment exchange rate. Weighted average yield of these bonds has settled at the auction at 10.00% APR in currency terms. Actual yield in tenge, calculated at conversion rate, equaled 13.76% APR.