Issuance and repayment schedule for State Securities of Kazakhstan for next week

19.12.99 00:00
/IRBIS, Dec.19, 99/ - From December 20 to 26 on primary market for state securities of Kazakhstan: From the Ministry of Finance: - Issuance, December 20 - 500 mln tenge, MEKAVM-6, #114. - Issuance, December 21 - 500 mln tenge, MEKKAM-3, #256. - Issuance, December 23 - 500 mln tenge, MEKKAM-12, #29. - Issuance, December 10 - $4 mln, MEKKAM-6, #27. - Coupon payment, December 20 - $9.250 mln (euronotes of the first issue, XS0072056863). - Maturity, December 20 - $200.0 mln (euronotes of the first issue, XS0072056863). - Maturity, December 23 - $7.968 mln (MEKAVM-3 #24, KZ43L2312999). - Coupon payment, December 25 - 1,679.0 mln tenge (MEAKAM, KZ6AK3112A74). From the National Bank: - Issuance, December 22 - 300 mln tenge, notes-49 #354. - Maturity, December 23 - 676.6 mln tenge, notes-35 (#/351, KZ95K2312991). Total repayment volume of domestic state securities of Kazakhstan at 138.25 tenge per dollar is estimated at 3,457.3 mln tenge. When making an analysis it should be taken into consideration, that MEAKAM are under the control of the National Bank, and coupon payments on these papers can not make an influence on the conjuncture of the country's financial market. Servicing the debt on euronotes of the first issue is carried out in US dollars, and Kazakhstani investors, who own these bonds, based on previous payments, will receive the funds 3-7 days later than the announced maturity date.