Ministry of Finance intends to offer MEOKAM-24 and MEOKAM-36 on January 14 and 16

11.01.02 00:00
/IRBIS, Jan 11, 02/ - The Ministry of Finance of Kazakhstan plans to conduct two GS offering auctions for next week (January 14-20): MEOKAM-24 and MEOKAM-36. Below are the announced parameters of the issues: -------------------------------------------------------------------------------- Type of security МЕОКАМ-24 MEOKAM-36 KASE trade code MОM024.055 MOM036.043 Face value, KZT 1,000.00 1,000.00 Auction date Jan 14.02 Jan 16.02 Payment date Jan 15.02 Jan 17.02 Circulation starting date Jan 16.02 Jan 18.02 Maturity date Jan 15.04 / Jan 15.04 Jan 16.05 /Jan 6.05 Circulation term, days 730 1,095 Coupon dates (nominal / actual) 1 July 16.02 / July 16.02 July 18.02 /July 18.02 2 Jan 15.03 / Jan 15.03 Jan 17.03 /Jan 17.03 3 July 16.03 / July 16.03 July 18.03 /July 18.03 4 Jan 15.04 / Jan 15.04 Jan 17.04 /Jan 19.04 5 - July 17.04 /July 19.04 6 - Jan 16.05 /Jan 17.05 Announced volume of issue, KZT m 500.0 500.0 -------------------------------------------------------------------------------- Restriction on incompetitive applications - 50%. Coupon is accrued according actual/365 time basis. Servicing and maturity volume of domestic GS of the Ministry of Finance in next week (January 14 - 20) is estimated by IRBIS at KZT49.7m. Total maturity and servicing volume of all Kazakhstan GS from January 14 to 20 is estimated by IRBIS at KZT2,337.8m.