Issue #244 of MEKKAM-3 was canceled
11.10.99 00:00
/IRBIS, Oct.11, 99/ - October 11 the Ministry of Finance of Kazakhstan and
the National Bank has conducted auction for placement of the 244st issue of
MEKKAM-3 (KZ43L2212991, 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 Primary dealers
and their customers.