Complete results of MEKKAM-6 #126 offering

06.03.00 00:00
/IRBIS, March 6, 00/ - On March 6 the Ministry of finance of Kazakhstan with the National Bank held the 126th auction for offering MEKKAM-6 (182 days). Announced volume of the issue is determined by the emitter at KZT500 mln. 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 MEKKAM-6 MEKKAM-6 NSIN KZ46L0709A08 KZ46L0109A04 KASE trade code MKM006.126 MKM006.125 IRBIS registration number 126/6 125/6 Par value, tenge 100.00 100.00 Issuance date March 6,2000 March 2,2000 Circulation start date March 9,2000 March 2,2000 Maturity date Sep.7,2000 Sep.1,2000 Days in circulation 182 182 Number of Primary dealers 8 (+ 1) Demand, mln KZT 346.1 (- 45.6) WA yield on demand, % APR 17.49 ( 0) Planned volume, mln KZT 500.0 ( 0) Actual volume, mln KZT 189.1 (- 78.4) Cut-off price, % of par value 92.24 ( 0) Weighted average price, % of par value 92.24 ( 0) Maximum yield, % APR 16.83 ( 0) Weighted average yield, % APR 16.83 ( 0) Effective weighted average yield, % APR 17.53 ( 0) The Ministry of finance says no applications were submitted by non- residents.