Complete results of MEKKAM-6 #132 offering

27.03.00 00:00
/IRBIS, March 27, 00/ - Today the Ministry of finance of Kazakhstan with the National Bank held the 132nd auction for offering MEKKAM-6 (182 days). Announced volume of the issue is 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-6 MEKKAM-6 NSIN KZ46L2809A03 KZ46L2209A09 KASE trade code MKM006.132 MKM006.131 IRBIS registration number 132/6 131/6 Par value, tenge 100.00 100.00 Issuance date March 27,2000 March 24,2000 Circulation start date March 30,2000 March 24,2000 Maturity date Sep.28,2000 Sep.22,2000 Days in circulation 182 182 Number of Primary dealers 11 (+ 1) Demand, mln KZT 333.3 (+ 33.8) WA yield on demand, % APR 17.01 (- 4.3) Planned volume, mln KZT 500.0 ( 0) Actual volume, mln KZT 285.6 (+ 91.5) 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. The sector demonstrates a rare constancy of the conjuncture. No changes compared to previous Friday offering of MEKKAM-6.