Complete results of MEKKAM-6 #136 offering

/IRBIS, Apr.17, 00/ - Today the Ministry of finance of Kazakhstan with the National Bank held the 136th 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 issue: Type of the securities MEKKAM-6 MEKKAM-6 NSIN KZ46L1310A07 KZ46L1210A08 KASE trade code MKM006.136 MKM006.135 IRBIS registration number 136/6 135/6 Par value, tenge 100.00 100.00 Issuance date Apr.14,2000 Apr.11,2000 Circulation start date Apr.14,2000 Apr.13,2000 Maturity date Oct.13,2000 Oct.12,2000 Days in circulation 182 182 Number of Primary dealers 8 ( 0) Demand, mln KZT 415.0 (+ 262.8) WA yield on demand, % APR 17.06 (- 1.07) Planned volume, mln KZT 500.0 ( 0) Actual volume, mln KZT 225.2 (+ 178.1) 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 last auction of the week, as expected, was rather quite active than previous offerings of MEKKAM-6. The reason for that is the abilities of the participants to reinvest their money received after the repayment of previous issues. No principal changes in the conjuncture of the market were registered after the offering was held, since there should be none considering the programs of the issuers of SS on the market.