Complete results of MEKKAM-12 #35 offering

/IRBIS, March 7, 00/ - On March 7 the Ministry of finance of Kazakhstan with the National Bank held the 35th auction for offering MEKKAM-12 (364 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 issue: Type of the securities MEKKAM-12 MEKKAM-12 NSIN KZ4CL0803A16 KZ4CL0103A13 KASE trade code MKM012.35 MKM012.35 IRBIS registration number 35/12 34/12 Par value, tenge 100.00 100.00 Issuance date March 7,2000 Feb.29,2000 Circulation start date March 9,2000 March 2,2000 Maturity date March 8,2001 March 1,2001 Days in circulation 364 364 Number of Primary dealers 5 (- 7) Demand, mln KZT 285.7 (- 13.2) WA yield on demand, % APR 18.89 (+ 0.31) Planned volume, mln KZT 500.0 ( 0) Actual volume, mln KZT 192.4 (+ 84.9) Cut-off price, % of par value 84.76 ( 0) Weighted average price, % of par value 84.76 ( 0) Maximum yield, % APR 17.98 ( 0) Weighted average yield, % APR 17.98 ( 0) Effective weighted average yield, % APR 17.98 ( 0) The Ministry of finance says no applications were submitted by non- residents.