MEKKAM-6 of the Ministry of Finance #161 issue - offering results

/IRBIS, Dec.07, 00/ - Today the Ministry of Finance (MOF) and the National Bank of Kazakhstan (NBK) held 161st auction for MEKKAM-6 offering (182 days). Announced volume of the issue - KZT150 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 KZ46L0806A18 KZ46L2505A18 KASE trade code MKM006.161 MKM006.160 IRBIS registration number 161/6 160/6 Par value, KZT 100.00 100.00 Issuance date Dec.07, 00 Nov.23, 00 Circulation start date Dec.08, 00 Nov.24, 00 Maturity date June 8, 01 May 25, 01 Days in circulation 182 182 Number of Primary dealers 8 (- 3) Demand, mln KZT 427.2 (- 305.4) WA yield on demand, % APR 8.79 (- 1.14) Planned volume, mln KZT 150.0 (+ 50.0) Actual volume, mln KZT 100.4 (- 322.4) Cut-off price, % of par value 96.22 (+ 0.11) WA price, % of par value 96.22 (+ 0.11) Maximum yield, % APR 7.86 (- 0.24) Weighted average yield, % APR 7.86 (- 0.24) Effective WA yield, % APR 8.01 (- 0.25) The Ministry of finance says no applications were submitted by non- residents.