Ministry of Finance intends to offer МЕККАМ-3 и МЕIКАМ-24 on February 25 and 27

22.02.02 00:00
/IRBIS, Feb 22, 02/ - The Ministry of Finance of Kazakhstan plans to conduct GS offering auctions for next week (February 25 - March 03): МЕККАМ-3 И МЕIКАМ-24. Below are the announced parameters of issues: ------------------------------------------------------ Type of security МЕККАМ-3 МЕIКАМ-24 KASE trade code MКM003.293 MIM024.001 Face value, KZT 100.00 1,000.00 Auction date Feb 25,02 Feb 27,02 Payment date Jan 26,02 Jan 28,02 Circulation starting date Jan 27,02 Mar 01,02 Maturity date May 28,02 Feb 28,04 Circulation term, days 91 730 Coupons (structure / actual) 1 - Jun 07,02 2 - Sep 06,02 3 - Dec 06,02 4 - Mar 07,03 5 - Jun 06,03 6 - Sep 05,03 7 - Dec 05,03 8 - Mar 05,04 Announced issue volume, KZT m 300.0 600.0 ------------------------------------------------------ Restriction for noncompetitive bids is 30%. Coupon bonds are calculated on the basis of actual/365. Servicing volume (maturity is not taken into account) of domestic GS of the Ministry of Finance next week (February 24 - March 03) is estimated by IRBIS at KZT64.2m. Total maturity and servicing volume of Kazakhstan GS from February 25 - March 03, 2002 is estimated by IRBIS at KZT1,633.9m.