Twenty sixth issue of MEKAVM-6 has been cancelled

/IRBIS, Dec.14, 99/ - On June 13 the Ministry of Finance with the National Bank of Kazakhstan held an auction for offering the twenty sixth issue of MEKAVM-6 (KZ46L1406A02, 182 days). Announced volume of the issue is determined by the emitter at $4 mln. Size of satisfaction of noncompetitive applications is 50% of specified amount. After considering submitted applications the issue has been cancelled. As the representative of the Ministry of finance informed KASE, the issue has been cancelled because of unsatisfactory price terms of Primary dealers and investors.