Complete results of MEKKAM-12 #66 offering

26.10.00 00:00
/IRBIS, Oct 26, 00/ - Today, the Ministry of Finance and the National Bank of Kazakhstan held 66th auction for MEKKAM-12 offering (364 days). Announced volume of the issue is determined at KZT400 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 KZ4CL2610A15 KZ4CL1810A15 KASE trade code MKM012.66 MKM012.65 IRBIS registration number 66/12 65/12 Par value, KZT 100.00 100.00 Issuance date Oct 26, 00 Oct 19, 00 Circulation start date Oct 27, 00 Oct 19, 00 Maturity date Oct 26, 01 Oct 18, 01 Days in circulation 364 364 Number of Primary dealers 13 (- 1) Demand, mln KZT 1,665.4 (- 534.5) WA yield on demand, % APR 10.74 (+ 0.19) Planned volume, mln KZT 400.0 (- 200.0) Actual volume, mln KZT 400.0 (- 200.0) Cut-off price, % of par value 90.69 (+ 0.03) Weighted average price, % of par value 90.69 (+ 0.03) Maximum yield, % APR 10.27 (- 0.03) Weighted average yield, % APR 10.27 (- 0.03) Effective weighted average yield, % APR 10.27 (- 0.03) The Ministry of finance says no applications were submitted by non- residents. There were no significant changes on the market. Tactics of the participants and the issuer did not change as well. The single note is the accuracy the issuer applied when limiting itself with planned volume.