Ministry of Finance intends to offer МЕOКАМ-24 today

11.03.02 00:00
/IRBIS, March 11, 02/ - The Ministry of Finance of Kazakhstan plans to conduct one GS offering auction for next week (March 11 - 17): МЕOКАМ-24. Below are the announced parameters of issues: ------------------------------------------- Type of securities МЕOКАМ-24 KASE trade code MOM024.057 Face value, KZT 1,000.00 Auction date March 11,02 Payment date March 12,02 Circulation starting date March 13,02 Maturity date March 11,04 Circulation term, days 730 Coupon payments 1 Sept 10, 02 2 March 12, 03 3 Sept 10, 03 4 March 11, 04 Announced issue volume, KZT m 1,200.0 ------------------------------------------- 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 this week (March 11 - 17) is estimated by IRBIS at KZT85.1m. Total maturity and servicing volume of Kazakhstan GS from March 11 -17, 2002 is estimated by IRBIS at KZT2,371.9m.