Ministry of Finance intends to offer MEKKAM-12, MEOKAM-24, and MEOKAM-48 on November 05, 06 and 08

/IRBIS, Nov 02, 01/ - The Ministry of Finance of Kazakhstan plans to conduct three GS offering auctions for next week (November (05 - 11): MEKKAM-12, MEOKAM-24, and MEOKAM-48. Below are the announced parameters of the issues: ---------------------------------------------------------------- Type of security МЕОКАМ-24 МЕОКАМ-48 МЕККАМ-12 KASE trade code MОM024.049 MОM048.012 MКM012.074 Face value, KZT 1,000.00 1,000.00 100.00 Auction date Nov 05,01 Nov 06,01 Nov 08,01 Payment date Nov 06,01 Nov 07,01 Nov 09,01 Circulation starting date Nov 07,01 Nov 08,01 Nov 10,01 Maturity date Nov 06,03 Nov 07,06 Nov 09,02 Circulation term, days 730 days 1460 days 365 days Coupon dates (nominal / May 07,02 / May 08,02 / - actual) 1 May 07,02 May 08,02 2 Nov 06,02 / Nov 07,02 / - Nov 06,02 Nov 07,02 3 May 07,03 / May 08,03 / - May 07,03 May 08,03 4 Nov 06,03 / Nov 07,03 / - Nov 06,03 Nov 07,03 5 - May 07,04 / - May 07,04 6 - Nov 06,04 / - Nov 08,04 7 - May 07,05 / - May 09,05 8 - Nov 06,05 / - Nov 07,05 Announced volume of issue, KZT m 600.0 600.0 300.0 ---------------------------------------------------------------- Restriction on noncompetitive applications - 50%. Coupon is accrued according actual/365 time basis. Servicing volume (maturity will not take place) of domestic bonds of the Ministry of Finance next week (October 05 - 11) is estimated by IRBIS taking into account announced parameters of inflation at the level KZT75.0m. Besides, on November 11 the Ministry of finance should transfer coupon payments on euronotes of third issue in the amount of KZT2,887.2m (at new fixed by the National Bank rate - 148.20 tenge per dollar). Total maturity and servicing volume of all Kazakhstan GS from October 05 - 11 is estimated by IRBIS at KZT995.5m, and taking into account payments on euronotes issuers will have to pay out KZT3,882.7.