MEOKAM-24 of Ministry of Finance of Kazakhstan of the 63rd issue - results of floatation

/IRBIS, May 5, 03/ - Today the Ministry of Finance (MOF) and the National Bank of Kazakhstan held the 63rd auction on MEOKAM-24 floatation (730 days). Size of satisfaction for noncompetitive applications is 30% of specified amount. Following is the complete offering data and comparison with previous similar comparable issue: ----------------------------------------------------------------------------- Type of security МЕОКАМ-24 МЕОКАМ-24 NIN KZK2KY020636 KZK2KY020628 KASE trade code MOM024.063 MOM024.062 IRBIS registration number 63/24 62/24 Par value, KZT 1,000.00 1,000.00 Issuance date May 5, 03 July 30, 02 Payment date May 6, 03 July 31, 02 Circulation start date May 6, 03 August 1, 02 Maturity date (structure and fact) May 5, 05 July 30, 04 Days in circulation 730 days 730 days Dates of coupon payments (structure and fact) 1 November 4, 03 January 29, 03 2 May 5, 04 July 31, 03 3 November 3, 04 January 29, 04 4 May 5, 05 July 30, 04 Planned volume. KZT m 1,500.0 (+ 300.0) Number of participants - Primary dealers 13 (- 1) Demand. KZT m 6,682.0 (+ 1,821.0) Max yield on demand. % APR 9.00 (- 1.00) Actual volume. KZT m 1,500.0 (+ 860.0) Set fix. rate, % APR 6.99 (- 1.20) ----------------------------------------------------------------------------- According to information of the National Bank, there were no applications to auction submitted by non-residents. Relative to the last resulting offering of МЕOКАМ dated November 20 of 2002 (МЕОКАМ-60 #11, KZK2KY050112, interest rate 8.20% APR) demand rose by KZT2,953.8 m. (1.8 times), actual floatation volume - by KZT521.8 m. (1.5 times). [2003-05-05]