Complete results of MEKKAM-3 #268 offering

04.07.00 00:00
/IRBIS, July 4, 00/ - On July 3 the Ministry of Finance and the National Bank of Kazakhstan held 268th auction for MEKKAM-3 offering (91 days). Announced volume of the issue is determined at KZT250 mln. Size of satisfaction for incompetitive applications is 50% of specified amount. Following is the complete offering data and comparison with previous similar tranche: Type of the securities MEKKAM-3 MEKKAM-3 NSIN KZ43L0510A00 KZ43L1509A01 KASE trade code MKM012.55 MKM012.54 IRBIS registration number 268/3 267/3 Par value, KZT 100.00 100.00 Issuance date July 3, 00 June 15, 00 Circulation start date July 6, 00 June 16, 00 Maturity date Oct. 5, 00 Sep. 15, 00 Days in circulation 91 91 Number of Primary dealers 9 (- 5) Demand, mln KZT 1,065.0 (- 463.2) WA yield on demand, % APR 12.54 (- 0.56) Planned volume, mln KZT 250.0 (- 50.0) Actual volume, mln KZT 482.8 (- 746.7) Cut-off price, % of par value 97.01 (+ 0.04) Weighted average price, % of par value 97.01 (+ 0.03) Maximum yield, % APR 12.50 (- 0.17) Weighted average yield, % APR 12.33 (- 0.13) Effective weighted average yield, % APR 12.91 (- 0.14) The Ministry of Finance says no applications were submitted by non- residents.