Ministry of Finance intends to offer MEOKAM-24, MEKKAM-3 and MEIKAM-48 on November 26, 27 and 29

23.11.01 00:00
/IRBIS, Nov 23, 01/ - The Ministry of Finance of Kazakhstan plans to conduct three GS offering auctions for next week (November 26 - December 02): MEOKAM-24, MEKKAM-3 and MEIKAM-48. Below are the announced parameters of the issues: ----------------------------------------------------------------------- Type of security МЕОКАМ-24 МЕККАМ-3 МЕИКАМ-48 KASE trade code MОM024.051 MКM003.290 MIM048.004 Face value, KZT 1 000.00 100.00 1 000.00 Auction date Nov 26,01 Nov 27,01 Nov 29,01 Payment date Nov 29,01 Nov 29,01 Nov 30,01 Circulation starting date Nov 30,01 Nov 30,01 Dec 01,01 Maturity date Nov 29,03 / 01.12.03 March 01,02 Nov 29,05 Circulation term, days 730 days 91 day 1460 days Coupon dates (nominal / 30.05.02 / 30.05.02 - March 07,02 actual) 1 2 29.11.02 / 29.11.02 - June 07,02 3 30.05.03 / 30.05.03 - Sept 06,02 4 Nov 29,03 / 01.12.03 - Dec 06,02 5 - - March 07,03 6 - - June 06,03 7 - - Sept 05,03 8 - - Dec 05,03 9 - - March 05,04 10 - - June 07,04 11 - - Sept 07,04 12 - - Dec 07,04 13 - - March 07,05 14 - - June 07,05 15 - - Sept 07,05 16 - - Dec 07,05 Announced volume of issue, KZT m 600.0 100.0 600.0 ----------------------------------------------------------------------- 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 in next week (November 26 - December 02) is estimated by IRBIS at KZT136.9m. Total maturity and servicing volume of all Kazakhstan GS from November 26 - December 02 is estimated by IRBIS at KZT1,014.5m.