Complete results of MEKKAM-12 #63 offering

06.10.00 00:00
/IRBIS, Oct.6, 00/ - On Thursday the Ministry of Finance and the National Bank of Kazakhstan held 63rd auction for MEKKAM-12 offering (364 days). Announced volume of the issue is determined at KZT500 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 KZ4CL0510A10 KZ4CL2709A17 KASE trade code MKM012.63 MKM012.62 IRBIS registration number 63/12 62/12 Par value, KZT 100.00 100.00 Issuance date Oct 05, 00 Sep 25, 00 Circulation start date Oct 06, 00 Sep 28, 00 Maturity date Oct 05, 01 Sep 27, 01 Days in circulation 364 364 Number of Primary dealers 12 ( 0) Demand, mln KZT 2,993,3 (+30,5) WA yield on demand, % APR 10,78 (- 0,85) Planned volume, mln KZT 500,0 ( 0) Actual volume, mln KZT 1 000,0 (+ 500,0) Cut-off price, % of par value 90,48 (+ 0,39) Weighted average price, % of par value 90,48 (+ 0,39) Maximum yield, % APR 10,52 (- 0,48) Weighted average yield, % APR 10,52 (- 0,48) Effective weighted average yield, % APR 10,52 (- 0,48) The Ministry of finance says no applications were submitted by non- residents.