Complete results of MEKKAM-12 #69 offering

/IRBIS, Dec.5, 00/ - Today, the Ministry of Finance and the National Bank of Kazakhstan held 69th auction for MEKKAM-12 offering (364 days). Announced volume of the issue is determined at KZT300 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 KZ4CL0612A17 KZ4CL1511A17 KASE trade code MKM012.69 MKM012.68 IRBIS registration number 69/12 68/12 Par value, KZT 100.00 100.00 Issuance date Dec.5, 00 Nov.14, 00 Circulation start date Dec.7, 00 Nov.16, 00 Maturity date Dec.6, 01 Nov.15, 01 Days in circulation 364 364 Number of Primary dealers 13 (+ 1) Demand, mln KZT 1,028.5 (+ 11.7) WA yield on demand, % APR 11.52 (+ 0.17) Planned volume, mln KZT 300.0 (+ 150.0) Actual volume, mln KZT 200.2 (- 242.8) Cut-off price, % of par value 91.20 (+ 0.08) WA price, % of par value 91.20 (+ 0.08) Maximum yield, % APR 9.65 (- 0.10) Weighted average yield, % APR 9.65 (- 0.10) Effective WA yield, % APR 9.65 (- 0.10) The Ministry of finance says no applications were submitted by non- residents. The sector demonstrates complete stability of both the demand parameters and the issuer's reactions.