Ministry of Finance of Kazakhstan intends to offer MEOKAM-24 on July 2

27.06.03 00:00
/IRBIS, June 27, 03/ - The Ministry of Finance plans to float auction on the next week on floatation of МЕOКАМ-24. Following is the announced issue parameters: -------------------------------------------------------- Type of the securities МЕОКАМ-24 KASE trade code MОM024.065 Par value, KZT 1,000.00 Day of auction July 2, 03 Payment day July 3, 03 Circulation start date July 4, 03 Maturity date (planned / actual) July 2, 05 / July 4, 05 Circulation term 730 days Coupons (planned and actual) 1 Jan 1, 04 / Jan 1, 04 2 July 2, 04 / July 2, 04 3 Dec 31, 04 / Dec 31, 04 4 July 2, 05 / July 4, 05 Authorized issue volume, KZT m 2,000.0 -------------------------------------------------------- Limitation for noncompetitive applications is 30%. Coupon bonds are served by actual/365 base. The actual volume of GS servicing of the Ministry of finance of Kazakhstan for the next week (June 30 - July 4) is estimated by IRBIS at KZT121.9 m. Total volume of domestic GS settlement and serving for the period of June 30 - July 4 is estimated by IRBIS at KZT12,833.2 m. [2003-06-27]