Issue of MEKAVM-12 has been cancelled

/IRBIS, Feb.1, 00/ - On January 31 the Ministry of Finance of Kazakhstan planned to hold an auction for offering the third issue of MEKAVM with 364 day circulation and with announced volume of the issue at $4 mln, 50% restriction level for incompetitive applications. As the representative of the emitter informed KASE, the issue has been cancelled because of unsatisfactory price terms of Primary dealers and their clients.