MEKKAM-6 #158 - offering results

27.10.00 00:00
/IRBIS, Oct 27, 00/ - On Oct 27, 2000 the Ministry of Finance (MOF) and the National Bank of Kazakhstan (NBK) held 158th auction for MEKKAM-6 offering (182 days). Announced volume of the issue - KZT200 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-6 MEKKAM-6 NSIN KZ46L2704A17 KZ46L1304A13 KASE trade code MKM006.158 MKM006.157 IRBIS registration number 158/6 157/6 Par value, KZT 100.00 100.00 Issuance date Oct 27, 00 Oct 12. 00 Circulation start date Oct 27, 00 Oct 13, 00 Maturity date Apr 27, 01 Apr 13, 01 Days in circulation 182 182 Number of Primary dealers 11 ( 0) Demand, mln KZT 1,186.5 (- 117.9) WA yield on demand, % APR 8.75 (- 0.48) Planned volume, mln KZT 200.0 (- 150.0) Actual volume, mln KZT 200.0 (- 197.9) Cut-off price, % of par value 96.02 ( 0) WA price, % of par value 96.02 ( 0) Maximum yield, % APR 8.29 ( 0) Weighted average yield, % APR 8.29 ( 0) Effective WA yield, % APR 8.46 ( 0) The Ministry of finance says no applications were submitted by non- residents.