Ministry of Finance intends to offer MEKKAM-6 on February 12

08.02.02 00:00
/IRBIS, Feb 8, 02/ - The Ministry of Finance of Kazakhstan plans to conduct one GS offering auction for next week (February 11 - 17): MEKKAM-6. Below are the announced parameters of issues: ------------------------------------------------ Type of security МЕККАМ-6 KASE trade code MКM006.170 Face value, KZT 100.00 Auction date Feb 12,02 Payment date Feb 13,02 Circulation starting date Feb 14,02 Maturity date (nominal /actual) Aug 14,04 Circulation term, days 182 Announced issue volume, KZT m 600.0 Restriction on noncompetitive bids 30% Settling basis actual / 365 ------------------------------------------------ Servicing volume of domestic GS of the Ministry of Finance next week (February 11 - 17) is estimated by IRBIS at KZT147.3m. Total maturity and servicing volume of all Kazakhstan GS from February 11 -17, 2002 is estimated by IRBIS at KZT1,393.9m.