Ministry of Finance of Kazakhstan intends to offer MEOKAM-48 and MEOKAM-36 on November 12 and 14

/IRBIS, November 8, 02/ - The Ministry of Finance plans to conduct two auctions on the next week on floatation of МЕОКАМ-48 and MEOKAM-36. Following is the announced issue parameters: ------------------------------------------------------------------------------- Type of the securities МЕОКАМ-48 МЕОКАМ-36 KASE trade code MОM048.029 MОM036.055 Par value, KZT 1,000.00 1,000.00 Day of auction Nov 12, 02 Nov 14, 02 Payment day Nov 13, 02 Nov 15, 02 Circulation start date Nov 14, 02 Nov 16, 02 Maturity date (planned / actual) Nov 12, 06/Nov 13, 06 Nov 14, 05/Nov 14, 05 Circulation term 1460 days 1095 days Coupon payments (planned/actual) 1 May 14, 03/May 14, 03 May 16, 03/May 16, 03 2 Nov 13, 0 /Nov 13, 03 Nov 15, 03/ Nov 17, 03 3 May 13, 04/May 13, 04 May 15, 04/May 17, 04 4 Nov 12, 04/Nov 12, 04 Nov 14, 04/Nov 15, 04 5 May 13, 05/May 13, 05 May 15, 05/May 16, 05 6 Nov 12, 05/Nov 14,.05 Nov 14, 05/Nov 14, 05 7 May 13, 06/May 15, 06 - 8 Nov 12, 06/Nov 13, 06 - Authorized issue volume, KZT m 1 500.0 2 000.0 ------------------------------------------------------------------------------- Limitation for noncompetitive applications is 30%. Coupon bonds are served by actual/365 base. Actual GS maturity and servicing volume of the Ministry of finance of Kazakhstan for the next week (November 10 - November 15) is estimated by IRBIS at KZT3,234.4 m including coupon payment on euronotes of the fourth issue in the equivalent of KZT3,006.0 m (payment is made in US dollars). Total volume of domestic GS settlement and serving for the period of November 10 - November 15 is estimated by IRBIS at KZT9,699.0 m. [2002-11-08]