MEOKAM-36 of the Ministry of Finance of Kazakhstan issue #35 - complete offering results

/IRBIS, Apr 11, 01/ - Today the Ministry of Finance and the National Bank of Kazakhstan held the 35th auction for MEOKAM-36 floatation (1,095 days). Size of satisfaction of noncompetitive applications is 50% of specified amount. Following are complete offering results and the comparison with previous similar emission. Type of the securities MEOKAM-36 MEOKAM-36 NSIN KZ53L1204A48 KZ53L0504A47 KASE trade code MOM036.035 MOM036.034 IRBIS registration number 35/36 34/36 Par value, KZT 1,000.00 1,000.00 Issuance date Apr. 11, 01 Apr. 02, 01 Payment day (till 11:00AM Almaty time) Apr. 12, 01 Apr. 05, 01 Circulation start date Apr. 12, 01 Apr. 05, 01 Maturity date (nominal / actual) Apr.11,04/Apr.12,04 Apr.04,04/Apr.05,04 Days in circulation 1,092 1,092 Coupon payments dates (nominal / actual) 1 Oct.11,01/Oct.11,01 Oct.04,01/Oct.04,01 2 Apr.12,02/Apr.12,02 Apr.05,02/Apr.05,02 3 Oct.11,02/Oct.11,02 Oct.04,02/Oct.04,02 4 Apr.12,03/Apr.11,03 Apr.05,03/Apr.04,03 5 Oct.11,03/Oct.10,03 Oct.04,03/Oct.03,03 6 Apr.11,04/Apr.12,04 Apr.04,04/Apr.05,04 Planned volume, mln KZT 800.0 ( 0) Number of primary dealers 11 (- 3) Demand, mln KZT 1,562.4 (- 118.6) Max. fixed yield on demand, % APR 18.00 (- 2.0) Actual volume, mln KZT 872.4 (+ 72.4) Set up fixed yield, % APR 9.99 (- 0.21) The Ministry of Finance informs that non-residents did not submit any bids at the auction. Nominal and actual dates differ due to non-working days. This market sector as well as notes sector felt some lowering of tenge liquidity. Demand is falling though sufficient for the issuer to lower yield. The market conditions did not change fundamentally.