Ministry of Finance intends to offer МЕKКАМ-3 and MEIKAM-18 on March 25 and 28, respectively

/IRBIS, Mar 21, 02/ - The Ministry of Finance of Kazakhstan plans to conduct one GS offering auction for next week (March 25 - March 31): МЕKKАМ-3 and MEIKAM-18. Below are the announced parameters of issues: ----------------------------------------------------- Type of security МЕKКАМ-3 МЕIКАМ-18 KASE trade code MКM003.294 MIM018.004 Face value, KZT 100.00 1,000.00 Auction date Mar 25,02 Mar 28,02 Payment date Mar 26,02 Mar 29,02 Circulation starting date Mar 27,02 Mar 30,02 Maturity date Jun 25,02 Sep 27,03 Circulation term, days 91 547 Coupon dates 1 - Jul 05,02 2 - Oct 07,02 3 - Jan 07,03 4 - Apr 07,03 5 - Jul 07,03 6 - Oct 07,03 Announced issue volume, KZT m 300.0 600.0 ----------------------------------------------------- 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 (March 25 - 31) is estimated by IRBIS at KZT192.0m. Total maturity and servicing volume of all Kazakhstan GS from March 25 - 31, 2002 is estimated by IRBIS at KZT2,362.4m.