MEKKAM-6 of the Ministry of Finance #162 issue - offering results

21.12.00 00:00
/IRBIS, Dec.21, 00/ - Today the Ministry of Finance (MOF) and the National Bank of Kazakhstan (NBK) held 162nd 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 KZ46L2206A10 KZ46L0806A18 KASE trade code MKM006.162 MKM006.161 IRBIS registration number 162/6 161/6 Par value, KZT 100.00 100.00 Issuance date Dec.21, 00 Dec.07, 00 Circulation start date Dec.22, 00 Dec.08, 00 Maturity date June 22, 01 June 8, 01 Days in circulation 182 182 Number of Primary dealers 7 (- 1) Demand, mln KZT 478.0 (+ 50.8) WA yield on demand, % APR 8.72 (- 0.07) Planned volume, mln KZT 150.0 ( 0) Actual volume, mln KZT 122.1 (- 22.1) Cut-off price, % of par value 96.24 (+ 0.02) WA price, % of par value 96.24 (+ 0.02) Maximum yield, % APR 7.81 (- 0.05) Weighted average yield, % APR 7.81 (- 0.05) Effective WA yield, % APR 7.97 (- 0.04) The Ministry of finance says no applications were submitted by non- residents. No changes in the sector.