Ministry of Finance intends to offer MEKKAM-3 and MEOKAM-48 on October 22 and 23

/IRBIS, Oct 19, 01/ - The Ministry of Finance of Kazakhstan plans to conduct two GS offering auctions for next week (October 22 - 28): MEKKAM-3, MEOKAM-48. Below are the announced parameters of the issues: --------------------------------------------------------------------------- Type of security МЕККАМ-3 МЕОКАМ-48 KASE trade code MKM003.288 MOM048.011 Face value, KZT 100.00 1,000.00 Auction date Oct 22, 01 Oct 23, 01 Payment date Oct 23, 01 Oct 24, 01 Circulation starting date Oct 24, 01 Oct 25, 01 Maturity date Jan 22, 02 / Jan 22, 02 Oct 23, 05 / Oct 24, 05 Circulation term, days 91 1,460 Coupon dates (nominal / actual) 1 - Apr 24, 02 / Apr 24, 02 2 - Oct 24, 02 / Oct 24, 02 3 - Apr 24, 03 / Apr 24, 03 4 - Oct 24, 03 / Oct 24, 03 5 - Apr 23, 04 / Apr 23, 04 6 - Oct 23, 04 / Oct 23, 04 7 - Apr 23, 05 / Apr 25, 05 8 - Oct 23, 05 / Oct 24, 05 Announced volume of issue, KZT m 300.0 800.0 --------------------------------------------------------------------------- Restriction for incompetitive applications - 50%. Coupon is accrued according actual/365 time basis. Maturity and servicing volume of domestic bonds of the Ministry of Finance in next week (October 22 - 28) - KZT650.8m. Total maturity and servicing volume of all Kazakhstani GS in next week is estimated by IRBIS at KZT1,399.6m.