Fourth issue of MEIKAM-3 was canceled
29.09.99 00:00
/IRBIS, Sep.29, 99/ - September 29 the Ministry of Finance of Kazakhstan
and the National Bank has conducted auction for placement of the 4th issue
of MEIKAM-3 (KZ31L3112997, 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 the analysis of the applications the issue was recognized as not
holding.
As the employee of the Ministry of Finance has declared to KASE, the issue
was cancelled because of unacceptable prices stated by the investors.