(MAOKAM) on Special treasury bonds to individuals subscription begins at mid-term on October 21, 2009
07.10.09 21:07
/IRBIS, October 7, 09/ - On October 21, 2009 subscription begins at mid-term
special treasury bonds to individuals (MAOKAM), indicated in the report issued
today by the Ministry of Finance of the Republic of Kazakhstan.
Subscription for MAOKAM will continue during the 10 working days: from October
21 to November 03, 2009 inclusive.
According to the report, individuals can purchase MAOKAM in all branches of
Kazpost JSC. With a need to have an identity card and registration number of the
taxpayer (TIN). for purchase of MAOKAM an individual should contact with one of
the Kazpost offices and to fill in an application in the prescribed form and pay
the acquired MAOKAM. Payment of applications will be in tenge at the official
exchange rate of tenge to the dollar, set by the National Bank of Kazakhstan on
the date of filing. List of offices of Kazpost available at www.kazpost.kz.
Terms issue MAOKAM with maturity of 2 years:
National identification number - KZKNKY020010
Interest rate - 6.5%
Start of treatment - November 4, 2009
Maturity Date - November 4, 2011
Remuneration - twice in a year (May 4 and November 4)
Terms issue MAOKAM with maturity of 3 years:
National identification number - KZKNKY030019
Interest rate - 6.7%
Start of treatment - November 4, 2009
Maturity Date - November 4, 2012
Remuneration - twice in a year (May 4 and November 4)
The amount of remuneration (frequency) is determined by the following formula:
S = N * C * 180/360,
where,
S, Tenge - remuneration MAOKAM subject to regular payment,
N, tenge - the sum of the nominal value of the number MAOKAM subject to
regular payment of the official exchange rate of tenge to the dollar, set by the
National Bank of Kazakhstan on the date of payment of remuneration,
C,% - interest rate,
180/360 - the number of days in coupon period
Estimated base for calculating the amount of remuneration for MAOKAM - 30
days in a predetermined mesyatse/360 days in the settlement year.
[2009-10-07]