Ministry of Finance intends to offer MEOKAM-48 and MEKKAM-6 on January 21 and 23

/IRBIS, Jan 17, 02/ - The Ministry of Finance of Kazakhstan plans to conduct two GS offering auctions for next week (January 21 - 27): MEOKAM-48 and MEKKAM-6. Below are the announced parameters of issues: --------------------------------------------------------------------- Type of security МЕOКАМ-48 МЕKКАМ-6 KASE trade code MОM048.017 MKM006.169 Face value, KZT 1,000,00 100,00 Auction date Jan 21,02 Jan 23,02 Payment date Jan 22,02 Jan 24,02 Circulation starting date Jan 23,02 Jan 25,02 Maturity date (nominal /actual) Jan 21,06 / Jan 23,06 July 25,02 Circulation term, days 1,460 182 Coupon dates (nominal /actual) 1 Julu 23,02 / July 23,02 - 2 Jan 22,03 / Jan 22,03 - 3 July 23,03 / July 23,03 - 4 Jan 22,04 / Jan 22,04 - 5 July 22,04 / July 22,04 - 6 Jan 21,05 / Jan 21,05 - 7 July 22,05 / July 22,05 - 8 Jan 21,06 / Jan 23,06 - Announced issue volume, KZT m 500.0 300.0 --------------------------------------------------------------------- Restriction on noncompetitive applications - 30%. 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 21 - 27) is estimated by IRBIS at KZT194.0m. Total maturity and servicing volume of all Kazakhstan GS from January 21 - 27 is estimated by IRBIS at KZT2,274.0m.