Ministry of Finance of Kazakhstan intends to offer MEKKAM-12 on November 4

01.11.02 00:00
/IRBIS, November 1, 02/ - The Ministry of Finance plans to float auction on November 4 of 2002 on floatation of МЕKКАМ-12. Following is the announced issue parameters: -------------------------------------------- Type of the securities МЕККАМ-12 KASE trade code MKM012.079 Par value, KZT 100.00 Day of auction Nov 4, 02 Payment day Nov 5, 02 Circulation start date Nov 6, 02 Maturity date (planned / actual) Nov 5, 03 Circulation term 365 days Authorized issue volume, KZT m 1,500.0 -------------------------------------------- Limitation for noncompetitive applications is 30%. Coupon bonds are served by actual/365 base. The actual GS maturity and servicing volume of the Ministry of finance of Kazakhstan for the next week (November 4 - November 10) is estimated by IRBIS at KZT289.4m. Total volume of domestic GS settlement and serving for the period of November 4 - November 10 is estimated by IRBIS at KZT10,235.2 m. [2002-11-01]