The Ministry of finance of Kazakhstan plans to offer MEKKAM-6 and MEKKAM-12 on May 15 and 16

/IRBIS, May 12, 00/ - The Ministry of finance of Kazakhstan has planned two issues of SS in the first half of the next week: MEKKAM-6 and MEKKAM-12. MEKKAM-6 offering auction (issue #143, KZ46L1611A03) will be held on May 15. Payment date - May 18. Maturity date - Nov.16, 2000. Circulation term - 182 days. Planned issue volume - KZT500 mln. MEKKAM-12 offering auction (issue #47, KZ4CL1705A13) will be held on May 16. Payment date - May 18. Maturity date - May 17, 2001. Circulation term - 364 days. Planned issue volume - KZT500 mln. Restriction for incompetitive applications for these issues - 50%. Repayment volume of domestic SS of the Ministry of finance of Kazakhstan in the next week (May 15 - 21) is estimated at KZT1,143.9 mln at official rate of KZT142.25 per dollar. Total repayment volume of domestic Kazakhstani SS during May 15 - 21 (including the notes of the National Bank) equals KZT1,821.5 mln. The Ministry of finance does not exclude the possibility of holding other offerings in the second half of the week with the details being announced later.