MEKKAM-12 of the Ministry of Finance of Kazakhstan issue #75 - offering results

/IRBIS, Nov 22, 01/ - Today the Ministry of Finance and the National Bank of Kazakhstan held the 75th auction for MEKKAM-12 floatation (365 days). Size of satisfaction of incompetitive applications is 50% of specified amount. Earlier Ministry of finance planned to offe semiannual MEKKAM-6, but yesterday issuer changed its plans. -------------------------------------------------------- Type of the securities МЕККАМ-12 МЕККАМ-12 NSIN KZK1KY010752 KZK1KY010745 KASE trade code MКM012.075 MКM012.074 IRBIS registration number 75/12 74/12 Par value, KZT 100.00 100.00 Issuance date Nov 22,01 Nov 08,01 Payment date Nov 22,01 Sept 09,01 Circulation start date Nov 23,01 Sept 10,01 Maturity date Nov 22,02 Nov 09,02 Days in circulation 365 365 Planned volume, mln KZT 300.0 ( 0) Number of primary dealers 5 ( 0) Demand, mln KZT 277.0 (+ 69.2) Max. WA yield on demand, % APR 9.02 (+ 1.62) Actual volume, mln KZT 195.7 (+ 94.4) Cut-off price, KZT 93.63 ( 0) WA price, KZT 93.63 ( 0) Max. yield, % APR 6.80 ( 0) WA yield, % APR 6.80 ( 0) WA effective yield, % APR 6.80 ( 0) -------------------------------------------------------- The Ministry of Finance informs that non-residents did not submit any bids at the auction.