Emerging Markets Companion

Home |   Asset Prices | News & Global Markets | Research | Search



Kazkommerts Securities

Kazakhstan Weekly News
Fixed Income

March 1, 1999

Latest Kazakhstan Weekly News


Primary Auctions

The average yield on the latest auction of 6-month T-bills held on 22 February was steady at 24.69%. The placed volume—KZT 335m (USD 4.06m)—was below the planned KZT 400m.

Latest issues of 6-month T-bills

103

19.08.99

89.01

24.69

104

25.08.99

89.01

24.69

Compound Yields vs. Volumes at Primary Auctions of 6-month T-bills

The demand for 3-month T-bills was high again at the auction on 23 February. The Finance Ministry, therefore, took the opportunity to keep the average yield unchanged. The volume raised exceeded the target of KZT 600m by merely KZT 75m.

The result of the week that ended on 26 February was positive for the Finance Minister. The Ministry raised a total of KZT 1,010.2m and it paid back KZT 881.6m. (IRBIS)

Latest issues of 3-month T-bills

225

20.05.99

94.35

23.95

226

27.05.99

94.35

23.95

Compound Yields vs. Volumes at Primary Auctions of 3-month T-bills


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.
Please write us at feedback@emgmkts.com


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.