Complete results of MEIKAM-9 #1 offering

/IRBIS, Feb.29, 00/ - On February 28 the Ministry of finance of Kazakhstan with the National Bank held the first auction for offering MEIKAM-9 (KZ33L3011A00, 273 days) - indexed by devaluation debt. Announced volume of the issue is determined by the emitter at KZt300 mln. Size of satisfaction of noncompetitive applications is 50% of specified amount. Type of the securities MEIKAM-9 NSIN KZ33L3011A00 KASE trade code MIM.009.001 IRBIS registration number 1/9i Par value, tenge 1,000.00 Issuance date Feb.28,2000 Circulation start date March 3,2000 Maturity date Nov.30,2000 Days in circulation 273 Coupon payments: June 7,2000 Sep.7,2000 Dec.7,2000 Number of Primary dealers 5 Demand, mln KZT 200.5 Max fixed yield on demand, % APR 75.00 Planned volume, mln KZT 300.0 Actual volume, mln KZT 30.0 Fixed rate, % APR 10.75 The Ministry of finance says no bids were submitted by non-residents.