Ministry of Finance intends to offer MEOKAM-48 and MEKKAM-6 on January 7 and 9

07.01.02 00:00
/IRBIS, Jan 7, 02/ - The Ministry of Finance of Kazakhstan plans to conduct two GS offering auctions for next week (January 7 - 13): MEOKAM-48 and MEKKAM-6. Below are the announced parameters of issues: ----------------------------------------------------------------- Type of security МЕOКАМ-48 МЕKКАМ-6 KASE trade code MОM048.016 MKM006.168 Face value, KZT 1,000,00 100,00 Auction date Jan 7,02 Jan 9,02 Payment date Jan 8,02 Jan 10,02 Circulation starting date Jan 9,02 Jan 11,02 Maturity date (nominal /actual) Jan 7,06 / Jan 9, 06 July 11,02 Circulation term, days 1,460 182 Coupon dates (nominal /actual) 1 Julu 9,02 / July 9,02 - 2 Jan 8,03 / Jan 8,03 - 3 July 9,03 / July 9,03 - 4 Jan 8,04 / Jan 8,04 - 5 July 8,04 / July 8,04 - 6 Jan 7,05 / Jan 7,05 - 7 July 8,05 / July 8,05 - 8 Jan 7,06 / Jan 9,06 - Announced issue volume, KZT m 500.0 300.0 ----------------------------------------------------------------- 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 in next week (January 7 - 13) is estimated by IRBIS at KZT386.7m. Total maturity and servicing volume of all Kazakhstan GS from January 7 - 13is estimated by IRBIS at KZT2,999.2m.