Actual yield of MEKAVM-12 #7 in tenge - 13.28% APR

/IRBIS, March 11, 01/ - Today the Ministry of Finance of Kazakhstan repaid 7th issue of MEKAVM-12 (KZ4CL0903A15) for a total of 12,240.4 th. U.S. dollars, or KZT1,779.1 mln at repayment exchange rate. Weighted average yield of these bonds has settled at the auction at 9.93% APR in currency terms. Actual yield in tenge, calculated at conversion rate, equaled 13.28% APR.