Issue of MEKKAM-3 #240 did not come off

13.09.99 00:00
/IRBIS, Sep.13, 99/ - On September 13 the Ministry of Finance of Kazakhstan and the National Bank have conducted the 240th auction for placement of MEKKAM-3 (KZ43L1512995, 91 days). The emitter determines announced volume of issue at 400 million tenges. Satisfaction size of the incompetitive applications - 50% from the established volume. After analysis of application made the issue was cancelled. It was the second MEKKAM-3 issue, which was cancelled by the Ministry of Finance.