MEOKAM-24 of the Ministry of Finance of Kazakhstan issue #26 - complete offering results

/IRBIS, Jan.5, 01/ - On January 4, 2001 the Ministry of Finance and the National Bank of Kazakhstan held 25th auction for MEOKAM-24 floatation (728 days). Announced issue volume is set by the issuer at KZT400 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 KZ52L0301A35 KZ52L2612A27 KASE trade code MOM024.026 MOM024.025 IRBIS registration number 26/24 25/24 Par value, KZT 1,000.00 1,000.00 Issuance date Jan.4, 01 Dec.26, 00 Payment day (till 11:00AM Almaty time) Jan.5, 01 Dec.28, 00 Circulation start date Jan.5, 01 Dec.28, 00 Maturity date Jan.3, 03 Dec.26, 02 Days in circulation 728 728 Coupon payments dates July 6, 01 June 28, 01 Jan.4, 02 Dec.27, 01 July 5, 02 June 27, 02 Jan.3, 03 Dec.16, 02 Number of primary dealers 8 ( 0) Demand, mln KZT 277.5 (- 63.5) Max. fixed yield on demand, % APR 25.00 (- 5.00) Planned volume, mln KZT 400.0 (- 100.0) Actual volume, mln KZT 161.0 (- 39.0) Fixed yield, % APR 15.38 ( 0) According to the Ministry of finance the non-residents made no applications. New year did not bring anything new to this sector. Demand parameters and the issuer's tactics remain unchanged.