Ministry of Finance of Kazakhstan intends to offer MEOKAM-6 and MEKKAM-48 on November 25 and 27

22.11.02 00:00
/IRBIS, November 22, 02/ - The Ministry of Finance plans to conduct two auctions on the next week on floatation of МЕKКАМ-6 and MEOKAM-48. Following is the announced issue parameters: ------------------------------------------------------------------------------ Type of the securities МЕККАМ-6 МЕОКАМ-48 KASE trade code MКM006.172 MОM048.031 Par value, KZT 100.00 1,000.00 Day of auction Nov 25, 02 Nov 27, 02 Payment day Nov 26, 02 Nov 29, 02 Circulation start date Nov 27, 02 Nov 30, 02 Maturity date (planned / actual) May 27, 03/May 27, 03 Nov 28, 06/Nov 28, 06 Circulation term 182 days 1460 days Coupon payments (planned/actual) 1 May 30, 03/May 30, 03 2 Nov 29, 03/Dec 1, 03 3 May 29, 04/May 31, 04 4 Nov 28, 04/Nov 29, 04 5 May 29, 05/May 30, 05 6 Nov 28, 05/Nov 28, 05 7 May 29, 06/May 29, 06 8 Nov 28, 06/Nov 28, 06 Authorized issue volume, KZT m 500.0 2 500.0 ------------------------------------------------------------------------------ Limitation for noncompetitive applications is 30%. Coupon bonds are served by actual/365 base. Actual servicing volume of the Ministry of finance of Kazakhstan for the next week (November 25 - November 29) is estimated by IRBIS at KZT40.4 m. Total actual volume of domestic GS redemption and servicing for the period of November 25 - November 29 is estimated by IRBIS at KZT4,918.5 m. [2002-11-22]