Complete results of MEKKAM-3 #248 placement

/IRBIS, Nov.15, 99/ - On November 15 the Ministry of Finance of Kazakhstan and the National Bank have conducted the 248th auction for placement of MEKKAM-3 (91 days). The emitter determines announced volume of issue at 400 million tenges. Satisfaction size of the incompetitive applications - 50% from the established volume. The complete data and comparison with the previous comparable issue are given below. Type of securities МЕККАМ-3 МЕККАМ-3 NSIN KZ43L1702A06 KZ43L1002A03 Trade code at KASE MKM003.248 MKM003.247 IRBIS' registration number 248/3 247/3 Nominal value, USD 100.00 100.00 Date of issue Nov. 15, 99 Nov. 08, 99 Beginning of the circulation Nov. 18, 99 Nov. 11, 99 Date of redemption Feb. 17, 99 Feb. 10, 99 Maturity 91 days 91 days Number of the Primary dealers 7 (- 1) Demand, million USD 451.3 (+ 171.8) Yield on demand weig. av., % p.a. 18.19 (- 1.19) Scheduled volume, million USD 400.0 ( 0) Actual volume, million USD 253.8 (+ 73.2) The cutting off price, USD 96.22 (- 0.01) The weighted average price, USD 96.23 ( 0) Maximum yield, % p.a. 15.71 (+ 0.04) Weighted average yield, % p.a. 15.67 ( 0) Weighted average yield, eff. % p.a. 16.62 ( 0) According to the information of The Ministry of Finance, no applications were received from non-residents for the auction. There were no any significant changes in this sector of the financial market today.