Ministry of Finance of Kazakhstan intends to offer MEOKAM-24 on July 14
11.07.03 00:00
/IRBIS, July 11 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 MОM024.066
Par value, KZT 1,000.00
Day of auction July 14, 03
Payment day July 15, 03
Circulation start date April 16, 03
Maturity date (planned / actual) July 14, 05
Circulation term 730 days
Coupons (planned and actual) 1 Jan 13, 04
2 July 14, 04
3 Jan 12, 05
4 July 14, 05
Authorized issue volume, KZT m 2,300.0
----------------------------------------------
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 (July 14 - July 18) is estimated by IRBIS at KZT100.2 m.
Total volume of domestic GS settlement and serving for the period of July 14
- July 18 is estimated by IRBIS at KZT10,495.0 m.
[2003-07-11]