Complete results of MEKKAM-3 #258 offering

/IRBIS, Jan.07, 00/ - On January 07 the Ministry of finance of Kazakhstan with the National Bank held the 258th auction for offering MEKKAM-3 (91 days). Announced volume of the issue is determined by the emitter at 500 mln tenge. Size of satisfaction of noncompetitive applications is 50% of specified amount. Following is the complete offering data and comparison with previous similar tranche: Type of the securities МЕККАМ-3 МЕККАМ-3 NSIN KZ43L0704A06 KZ43L0604A07 KASE trade code MKM003.258 MKM003.257 IRBIS registration number 258/3 257/3 Par value, tenge 100.00 100.00 Issuance date Jan.7,00 Jan.7,00 Circulation start date Jan.7,00 Jan.6,00 Maturity date Apr.7,00 Apr.6,00 Days in circulation 91 91 Number of Primary dealers 5 ( 0) Demand, mln tenge 1,343.4 (+ 178.5) Weighted average yield ondemand, % APR 15.84 ( 0) Planned volume, mln tenge 500.0 ( 0) Actual volume, mln tenge 1,198.3 (+ 240.1) Cut-off price, % of par value 96.24 ( 0) Weighted average price,% of par value 96.24 ( 0) Maximum yield, % APR 15.63 ( 0) Weighted average yield, % APR 15.63 ( 0) Effective weighted average yield,% APR 16.62 ( 0) The Ministry of finance says no applications were submitted by non- residents. The offering did not reveal any principal changes in the sector.