Ministry of Finance intends to offer MEOKAM-24 on February 5

01.02.02 00:00
/IRBIS, Feb 1, 02/ - The Ministry of Finance of Kazakhstan plans to conduct one GS offering auction for next week (February 4 - 10): MEOKAM-24. Below are the announced parameters of issues: -------------------------------------------- Type of security МЕOКАМ-24 KASE trade code MOM024.056 Face value, KZT 1,000.00 Auction date Feb 5,02 Payment date Feb 6,02 Circulation starting date Feb 7,02 Maturity date (nominal /actual) Feb 6,04 Circulation term, days 730 Coupon dates (nominal /actual) 1 Aug 7,02 2 Feb 6,02 3 Aug 7,03 4 Feb 6,04 Announced issue volume, KZT m 1,000.0 -------------------------------------------- Restriction on noncompetitive applications - 30%. Coupon bonds are calculated according to actual/365 time basis. Servicing and maturity volume of domestic bonds of the Ministry of Finance next week (February 4 - 10) is estimated by IRBIS at KZT206.6m. Total maturity and servicing volume of all Kazakhstan GS from February 4 - 10, 2002 is estimated by IRBIS at KZT1,369.3m.