 |
Home | Asset Prices | News & Global Markets | Research | Search |
 |
March 15, 1999
Primary Auctions
The average yield on 6-month T-bills rose slightly to 24.72% at the latest auction held on 9 March. However, it fell short of the bank's expectations of 26.46%. The placed volume, KZT 100.0m (USD 1.15m), was KZT 300m less than the target.
Latest issues of 6-month T-bills
104 |
25.08.99 |
89.01 |
24.69 |
105 |
02.09.99 |
89.01 |
24.69 |
106 |
09.09.99 |
89.00 |
24.72 |
Compound Yields vs. Volumes at Primary Auctions of 6-month T-bills
Banks continued to demonstrate much more interest in 3-month T-bills at an auction held on 10 March. The auction was more than twice oversubscribed. While holding the yield unchanged at 24.0%, the Finance Ministry raised KZT 1,359.4m (USD 15.7m) and almost doubled its targeted volume of KZT 700m.
The result of the week that ended on 12 March was that the Finance Ministry raised KZT 1,459.4m with a planned volume of KZT 1,100m and it repaid KZT 1,138.6m. (IRBIS)
Latest issues of 3-month T-bills
226 |
27.05.99 |
94.35 |
23.95 |
227 |
06.06.99 |
94.34 |
24.00 |
228 |
10.06.99 |
94.34 |
24.00 |
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. 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. |