MEOKAM-36 of the Ministry of Finance of Kazakhstan issue #9 - complete offering results
23.10.00 00:00
/IRBIS, Oct.23, 00/ - On October 23 the Ministry of Finance and the National
Bank of Kazakhstan held the 9th auction for MEOKAM-36 floatation (1,092
days). Announced volume of the issue is determined by the issuer at KZT500
mln. Size of satisfaction of noncompetitive applications is 50% of specified
amount.
Following are complete offering results and the comparison with previous
similar tranche.
Type of the securities MEOKAM-36 MEOKAM-36
NSIN KZ53L2310A39 KZ53L1610A38
KASE trade code MOM036.009 MOM036.008
IRBIS registration number 9/36 8/36
Par value, KZT 1,000.00 1,000.00
Issuance date Oct.23, 00 Oct.16, 00
Payment day (till 11:00AM Almaty time) Oct.26, 00 Oct.19, 00
Circulation start date Oct.26, 00 Oct.19, 00
Maturity date Oct.23, 03 Oct.16, 03
Days in circulation 1,092 1,092
Coupon payments dates Apr.26, 01 Apr.19, 01
Oct.25, 01 Oct.18, 01
Apr.25, 02 Apr.18, 02
Oct.24, 02 Oct.17, 02
Apr.24, 03 Apr.17, 03
Oct.23, 03 Oct.16, 03
Number of primary dealers 10 (- 6)
Demand, mln KZT 801.9 (- 139.9)
Max. fixed yield on demand, % APR 60.00 ( 0)
Planned volume, mln KZT 500.0 (- 100.0)
Actual volume, mln KZT 683.9 (- 89.9)
Set up fixed yield, % APR 17.30 ( 0)
According to the Ministry of finance the non-residents made no applications.
As it happened last week, the Ministry of Finance tried to borrow more than
planned through this type of bonds. It is typical to the issuer lately, if the
matter is about the securities with over a year circulation term. The sector is
still demonstrating the stability of the demand parameters and the tactics of
all interested parties.