Ministry of Finance intends to offer MEKKAM-12, МЕOКАМ-24 and MEOKAM-36 in May

/IRBIS, May 31, 02/ - The Ministry of Finance of Kazakhstan plans to conduct auctions for MEKKAM-12, МЕOKАМ-24 and MEOKAM-36 in June. Below are the announced parameters of issue: ------------------------------------------------------------------- Type of security МЕККАМ-12 МЕОКАМ-24 МЕОКАМ-36 KASE trade code MКM012.077 MОM060.024 MОM036.047 Face value, KZT 100.00 1,000.00 1,000.00 Auction date June 3, 02 June 10, 02 June 17, 02 Payment date June 4, 02 June 11, 02 June 18, 02 Circulation starting date June 6, 02 June 12, 02 June 19, 02 Maturity date June 4, 03 June 10, 04 June 17, 05 Circulation term, days 365 730 1,095 Coupons (structure / fact) 1 - Dec 10, 02 Dec 17,02 2 - June 11, 03 June 18, 03 3 - Dec 10, 03 Dec 17, 03 4 - June 10, 04 June 17,04 5 - - Dec 16, 04 6 - - June 17, 05 Announced issue volume, KZT m 1,000.0 1,200.0 1,500.0 ------------------------------------------------------------------- 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 in June of 2002 is estimated by IRBIS at KZT2,123.5m (including period from June 03 to June 5 - KZT104.3m). Total maturity and servicing volume of all Kazakhstan GS from June 03 to June 09 is estimated by IRBIS at KZT3,291.3m. [2002-05-31]