Ministry of Finance intends to offer МЕKКАМ-12 on April 1

29.03.02 00:00
/IRBIS, March 29, 02/ - The Ministry of Finance of Kazakhstan plans to conduct one GS offering auction for next week (April 1 - 7): МЕKKАМ-12. Below are the announced parameters of issue: ---------------------------------------- Type of security МЕKКАМ-12 KASE trade code MКM012.76 Face value, KZT 100.00 Auction date Apr 1, 02 Payment date Apr 2, 02 Circulation starting date Apr 3, 02 Maturity date Apr 2, 04 Circulation term, days 365 Announced issue volume, KZT m 1,000.0 ---------------------------------------- Restriction on incompetitive 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 (April 1 -7) is estimated by IRBIS at KZT2,769.5m. Total maturity and servicing volume of all Kazakhstan GS from April 1 -7, 2002 is estimated by IRBIS at KZT4,244.9m. [2002-03-29]