MEOKAM-36 of Ministry of Finance of Kazakhstan of the 59th issue - results of offering

/IRBIS, August 4, 03/ - Today the Ministry of Finance (MOF) and the National Bank of Kazakhstan held the 59th auction for MEOKAM-36 offering (1095 days). Size of satisfaction for noncompetitive applications is 30% of specified amount. Following is the issue structure, results of bonds offering and comparison with previous comparable issue: ------------------------------------------------------------------------------- Type of the securities МЕОКАМ-36 МЕОКАМ-36 NIN KZK2KY030593 KZK2KY030585 KASE trade code MOM036.059 MOM036.058 IRBIS registration number 59/36 58/36 Par value, KZT 1,000.00 1,000.00 Offering date (auction) Aug 4, 03 July 09, 03 Payment date Aug 5, 03 July 10, 03 Circulation start date Aug 6, 03 July 11, 03 Maturity date (planned / actual) Aug 4,06/Aug 4,06 Jul09,06/Jul10,06 Days in circulation 1095 days 1905 days Coupon payments dates (planned/actual) 1 Feb 3,04/Feb 3,04 Jan 8,04/Jan 8,04 2 Aug 4,04/Aug 4,04 Jul 9,04/Jul 9,04 3 Feb 2,05/Feb 2,05 Jan 7,05/Jan 7,05 4 Aug 4,05/Aug 4,05 Jul 9,05/Jul 11,05 5 Feb 2,06/Feb 2,06 Jan 7,06/Jan 9,06 6 Aug 4,06/Aug 4,06 Jul 9,06/Jul 10,06 Planned volume. KZT m 2,300.0 ( 0) Number of participants - Primary dealers 16 (+1) Demand. KZT m 10,108.0 (-94.2) Maximum yield on demand, % APR 7.00 (-0.20) Actual volume, KZT m 2,300.0 ( 0) Fixed rate, % APR 6.00 ( 0) ------------------------------------------------------------------------------- According to information of the Ministry of finance, no bids to the auction were submitted by non-residents. Relative to previous successful floatation of МЕОКАМ (МЕОКАМ-60 #12 dated July 21, 03, KZK2KY050120, interest rate 6.68% APR) demand decreased by KZT2,782.0 m. (1.3 times), actual floatation volume has not changed. [2003-08-04]