Complete results of MEKKAM-12 #57 offering

05.07.00 00:00
/IRBIS, July 5, 00/ - Today the Ministry of Finance and the National Bank of Kazakhstan held 57th auction for MEKKAM-12 offering (364 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 auction: Type of the securities MEKKAM-12 MEKKAM-12 NSIN KZ4CL0507A15 KZ4CL2206A15 KASE trade code MKM012.57 MKM012.55 IRBIS registration number 57/12 55/12 Par value, KZT 100.00 100.00 Issuance date July 4, 00 June 23, 00 Circulation start date July 6, 00 June 23, 00 Maturity date July 5, 01 June 22, 01 Days in circulation 364 364 Number of Primary dealers 11 (+ 2) Demand, mln KZT 570.3 (+ 151.2) WA yield on demand, % APR 14.92 (- 0.10) Planned volume, mln KZT 250.0 (- 50.0) Actual volume, mln KZT 202.6 (+ 97.4) Cut-off price, % of par value 87.61 ( 0) Weighted average price, % of par value 87.61 ( 0) Maximum yield, % APR 14.14 ( 0) Weighted average yield, % APR 14.14 ( 0) Effective weighted average yield, % APR 14.14 ( 0) The Ministry of Finance says no applications were submitted by non- residents.