Ministry of Finance intends to offer МЕKКАМ-3 on April 22

22.04.02 00:00
/IRBIS, Apr 22, 02/ - The Ministry of Finance of Kazakhstan plans to conduct one GS offering auction for this week (April 22 - 28): МЕKKАМ-3. Below are the announced parameters of issue: ------------------------------------------ Type of security МЕKКАМ-3 KASE trade code MОM003.294 Face value, KZT 100.00 Auction date Apr 22, 02 Payment date Apr 23, 02 Circulation starting date Apr 24, 02 Maturity date July 23, 02 Circulation term, days 91 Announced issue volume, KZT m 300.0 ------------------------------------------ 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 this week (April 22 - 25) is estimated by IRBIS at KZT117.2m. Total maturity and servicing volume of all Kazakhstan GS from April 22 - 28, 2002 is estimated by IRBIS at KZT2,008.7m. [2002-04-22]