Ministry of Finance intends to offer MEKKAM-3 and MEIKAM-18 on October 29 and 30

/IRBIS, Oct 28, 01/ - The Ministry of Finance of Kazakhstan plans to conduct two GS offering auctions for next week (October 29 - November 4): MEKKAM-3, MEIKAM-18. Below are the announced parameters of the issues: ------------------------------------------------------------------------ Type of security МЕККАМ-3 МЕIКАМ-18 KASE trade code MKM003.289 MOM018.003 Face value, KZT 100.00 1,000.00 Auction date Oct 29, 01 Oct 30, 01 Payment date Oct 30, 01 Oct 31, 01 Circulation starting date Oct 31, 01 Nov 1, 01 Maturity date Jan 29, 02 / Jan 29, 02 May 1, 03 / May 2, 03 Circulation term, days 91 547 Coupon dates 1 - Feb 7, 02 2 - May 7, 02 3 - Aug 7, 02 4 - Nov 7, 02 5 - Feb 7, 03 6 - May 7, 03 Announced volume of issue, KZT m 300.0 800.0 ----------------------------------------------------------------------- Restriction for incompetitive applications - 50%. Coupon is accrued according actual/365 time basis. At previous auction fo MEKKAM-3 offering (Oct 22, 01, KZK1KM032882, #288) yields to maturity of these bonds equaled 5.28% APR. MEIKAM-18 was last offered on the market a year ago (Oct 31, 00, KZ36L3004A22, second issue). Maturity and servicing volume of domestic bonds of the Ministry of Finance in next week - KZT851.5m. Total maturity and servicing volume of all Kazakhstani GS in next week is estimated by IRBIS at KZT1,735.6m.