Complete results of MEKKAM-12 #52 offering

/IRBIS, June 9, 00/ - Today the Ministry of Finance and National Bank of Kazakhstan held 52nd auction for offering MEKKAM-12 (364 days). Announced volume of the issue is determined by the issuer at KZT400 mln. Size of satisfaction of noncompetitive applications is 50% of specified amount. Following is the complete offering data and comparison with previous similar auction: Type of the securities MEKKAM-12 MEKKAM-12 NSIN KZ4CL0806A13 KZ4CL0706A14 KASE trade code MKM012.52 MKM012.51 IRBIS registration number 52/12 51/12 Par value, KZT 100.00 100.00 Issuance date June 09, 2000 May 05, 2000 Circulation start date June 09, 2000 June 08, 2000 Maturity date June 08, 2001 June 07, 2001 Days in circulation 364 364 Number of Primary dealers 10 (+ 1) Demand, mln KZT 395.3 (- 351.5) WA yield on demand, % APR 15.62 (- 0.44) Planned volume, mln KZT 400.0 (+ 100.0) Actual volume, mln KZT 113.6 (- 253.8) Cut-off price, % of par value 87.49 (+ 0.31) Weighted average price, % of par value 87.49 (+ 0.30) Maximum yield, % APR 14.30 (- 0.41) Weighted average yield, % APR 14.30 (- 0.41) Effective weighted average yield, % APR 14.30 (- 0.41) The Ministry of Finance finished the twenty fourth week of the year 2000 (June 05 - 11) on the primary market for SS with following results. At the actual repayment volume of KZT393.8 mln the emitter raised KZT770.7 mln at one auction. Balance of net-borrowing of the National Bank was positive - KZT376.9 mln.