 |
Home | Asset Prices | News & Global Markets | Research | Search |
 |
April 26, 1999
Primary Auctions
On 19 April the Finance Ministry made a second issue of Dollar-denominated 6-month T-bills. The auction was almost twice oversubscribed. However, the placed volume exceeded the planned USD 2.0m by merely USD 0.1m. The average yield rose slightly to 7.58%.
Latest issues of 6-month T-bills
| Issue | Maturity | Average
Price, USD |
Volume, USD mln | Average Yield (%) | Compound yield. % |
001 |
14.10.99 |
96.36 |
2.4 |
7.56 |
7.70 |
002 |
21.10.99 |
96.35 |
2.1 |
7.58 |
7.72 |
The average yield on Dollar-denominated 3-month T-bills was 7.33% at the second auction of these securities held on 20 April. The placed volume reached USD 4.5m though the issuer's target was USD 3.0m.
The result of the week that ended on 23 April was that the Finance Ministry raised a total of USD 6.6m (KZT 752.4m) with a planned volume of USD 5.0m and repaid KZT 220.8m. (IRBIS)
Latest issues of 3-month T-bills
| Issue | Maturity | Average
Price, USD |
Volume, USD mln | Average Yield (%) | Compound yield. % |
001 |
15.07.99 |
98.19 |
3.4 |
7.37 |
7.58 |
002 |
22.07.99 |
98.20 |
4.5 |
7.33 |
7.53 |
Kazakhstan Weekly News is also available free of charge on E-mail. To subscribe via E-mail, please contact us on Lydia@kazks.kz or Madina@kazks.kz.
| Home | Asset Pricing | News & Analysis | Research | Related Sites | Table of Contents | Search We welcome your comments, opinions,
and submissions to EMC. Copyright ©
1996-2000, The Emerging
Markets Companion, and/or its licensors. All Rights Reserved. The
information herein was obtained from sources which The Emerging Markets Companion, Inc.
and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the
information, nor any opinion expressed, constitutes a solicitation of the purchase or sale
of any securities or commodities. Please
read our full disclaimer. |