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]