Complete results of MEKKAM-6 #137 offering

/IRBIS, Apr.17, 00/ - Today the Ministry of finance of Kazakhstan with the National Bank held the 137th 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 KZ46L1910A01 KZ46L1310A07 KASE trade code MKM006.137 MKM006.136 IRBIS registration number 137/6 136/6 Par value, tenge 100.00 100.00 Issuance date Apr.14,2000 Apr.14,2000 Circulation start date Apr.14,2000 Apr.14,2000 Maturity date Oct.13,2000 Oct.13,2000 Days in circulation 182 182 Number of Primary dealers 7 (- 1) Demand, mln KZT 177.7 (- 237.3) WA yield on demand, % APR 17.79 (+ 0.73) Planned volume, mln KZT 500.0 ( 0) Actual volume, mln KZT 102.2 (- 122.9) 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 offering results are typical for the beginning if week, when the participants have not money received from the previous issue redemptions. Thus, demand is minimum. There is no news in the sector.