Complete results of MEKKAM-12 #60 offering

/IRBIS, Aug.07, 00/ - Today the Ministry of Finance and the National Bank of Kazakhstan held 60th auction for MEKKAM-12 offering (364 days). Announced volume of the issue is determined at KZT250 mln. Size of satisfaction for 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 KZ4CL0908A10 KZ4CL2607A10 KASE trade code MKM012.60 MKM012.59 IRBIS registration number 60/12 59/12 Par value, KZT 100.00 100.00 Issuance date Aug. 07, 2000 July 25, 2000 Circulation start date Aug.10, 2000 July 27, 2000 Maturity date Aug.09, 2001 July 26, 2001 Days in circulation 364 364 Number of Primary dealers 11 (+ 1) Demand, mln KZT 1,394.1 (+ 632.6) WA yield on demand, % APR 14.01 (+ 0.11) Planned volume, mln KZT 250.0 (- 50.0) Actual volume, mln KZT 665.8 (+ 411.8) Cut-off price, % of par value 88.10 (+ 0.28) Weighted average price, % of par value 88.10 (+ 0.28) Maximum yield, % APR 13.51 (- 0.36) Weighted average yield, % APR 13.51 (- 0.36) Effective weighted average yield, % APR 13.51 (- 0.36) ---------------------------------------- ------------ ------------ The Ministry of finance says no applications were submitted by non- residents. Trends prevailing on the market are invariable.