MEOKAM-24 of the Ministry of Finance of Kazakhstan issue #27 - complete offering results

09.01.01 00:00
/IRBIS, Jan 09, 01/ - On January 9, 2001 the Ministry of Finance and the National Bank of Kazakhstan held 27th 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 KZ52L0901A39 KZ52L0301A35 KASE trade code MOM024.027 MOM024.026 IRBIS registration number 27/24 26/24 Par value, KZT 1,000.00 1,000.00 Issuance date Jan.9, 01 Jan.4, 01 Payment day (till 11:00AM Almaty time) Jan.11, 01 Jan.5, 01 Circulation start date Jan.11, 01 Jan.5, 01 Maturity date Jan.9, 03 Jan.3, 03 Days in circulation 728 728 Coupon payments dates July 12, 01 July 6, 01 Jan.10, 02 Jan.4, 02 July 11, 02 July 5, 02 Jan.9, 03 Jan.3, 03 Number of primary dealers 8 ( 0) Demand, mln KZT 298.0 (+ 20.5) Max. fixed yield on demand, % APR 30.00 (+ 5.00) Planned volume, mln KZT 400.0 ( 0) Actual volume, mln KZT 200.0 (+ 39.0) Fixed yield, % APR 15.38 ( 0) According to the Ministry of finance non-residents made no applications. The sector is stable in every respect.