Actual annual tenge yield of MEKAVM-6 - 56.72%; MEKAVM-3 - 35.24%

13.10.99 00:00
/IRBIS, Oct.13, 99/ - on October 14 the Ministry of Finance of Kazakhstan should redeem two issues of a short-term obligations: - #1/6B, KZ46L1410995 on the sum of 2,495,600 USD that at the redemption rate is equal to 351.9 million tenges; - #41/3B, KZ43L1410992 on the sum of 1,800,900 USD that at the redemption rate is equal to 253.9 million tenges. The average weighted rate of MEKAVM-6, #1/6B annual yield developed at the auction is 7.56% in dollars. The actual annual tenge rate, calculated at the real exchange rates is 56.72%. The average weighted rate of MEKAVM-3, #41/3A annual yield developed at the auction is 7.56% in dollars. The actual annual tenge rate, calculated at the real exchange rates is 35.24%.