The Ministry of finance of Kazakhstan plans to offer MEKKAM-6 and MEKKAM-12 on May 22 and 23
19.05.00 00:00
/IRBIS, May 19, 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 #145, KZ46L2311A04) will be held on
May 22. Payment date - May 25. Maturity date - Nov.23, 2000. Circulation
term - 182 days. Planned issue volume - KZT500 mln.
MEKKAM-12 offering auction (issue #49, KZ4CL2405A14) will be held on
May 23. Payment date - May 25. Maturity date - May 24, 2001. Circulation
term - 364 days. Planned issue volume - KZT500 mln.
Restriction for non-competitive applications for these issues - 50%.
Repayment volume of domestic SS of the Ministry of finance of Kazakhstan
in the next week (May 22 - 28) is estimated at KZT787.0 mln at official rate
of KZT142.40 per dollar.
Total repayment volume of domestic Kazakhstani SS during May 22 - 28
(including the notes of the National Bank) equals KZT2,065.2 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.