Yield of MEKKAM-3 of 250th issue - 15.63% APR

/IRBIS, Nov.25, 99/ - On November 25 the Ministry of Finance of Kazakhstan together with the National Bank held 250th auction for offering MEKKAM-3 (91 days). Announced volume of issue is set by the emitter at 500 mln tenge. Size of satisfaction for incompetitive applications - 50% of specified amount. As the representative of the Ministry of Finance informed at KASE, weighted average yield of the debt has been determined at an auction at 15.63% APR with a maximum rate of 15.67% APR.