Ministry of Finance intends to offer МЕККАМ-6 on March 04

01.03.02 00:00
/IRBIS, Mar 01, 02/ - The Ministry of Finance of Kazakhstan plans to conduct one GS offering auction for next week (March 04 - March 10): МЕККАМ-6. Below are the announced parameters of issues: ----------------------------------------- Type of security МЕККАМ-6 KASE trade code MКM006.171 Face value, KZT 100.00 Auction date Mar 04,02 Payment date Mar 05,02 Circulation starting date Mar 06,02 Maturity date Sep 03,02 Circulation term, days 182 Announced issue volume, KZT m 700.0 ----------------------------------------- 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 (March 04 - March 10) is estimated by IRBIS at KZT608.5m. Total maturity and servicing volume of Kazakhstan GS from March 04 - March 10, 2002 is estimated by IRBIS at KZT2,702.9m.