MEOKAM-24 of the Ministry of Finance of Kazakhstan issue #24 - complete offering results

12.12.00 00:00
/IRBIS, Dec.12, 00/ - Today the Ministry of Finance and the National Bank of Kazakhstan held 24th auction for MEOKAM-24 floatation (728 days). Announced volume of the issue is determined by the issuer at KZT450 mln. Size of satisfaction of noncompetitive applications is 50% of specified amount. Following is the complete offering data and comparison with previous similar auction: Type of the securities МЕОКАМ-24 МЕОКАМ-24 NSIN KZ52L1212A23 KZ52L2111A23 KASE trade code MOM024.024 MOM024.023 IRBIS registration number 24/24 23/24 Par value, KZT 1,000.00 1,000.00 Issuance date Dec.12, 00 Nov.21, 00 Payment day (till 11:00AM Almaty time) Dec.14, 00 Nov.23, 00 Circulation start date Dec.14, 00 Nov.23, 00 Maturity date Dec.12, 02 Nov.21, 02 Days in circulation 728 728 Coupon payments dates June 14, 01 May 24, 01 Dec.13, 01 Nov.22, 01 June 13, 02 May 23, 02 Dec.12, 02 Nov.21, 02 Number of primary dealers 15 (+ 7) Demand, mln KZT 978.8 (+ 769.0) Max. fixed yield on demand, % APR 60.00 (- 2.50) Planned volume, mln KZT 450.0 (+ 200.0) Actual volume, mln KZT 135.0 (+ 19.2) Set up fixed yield, % APR 15.38 (- 0.07) According to the Ministry of finance the non-residents made no applications.