Ministry of Finance of Kazakhstan intends to offer MEOKAM-24 on August 11
08.08.03 00:00
/IRBIS, August 8, 03/ - The Ministry of Finance plans to float auction on the
next week on floatation of МЕOКАМ-24.
Following is the announced issue parameters:
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Type of the securities МЕОКАМ-24
KASE trade code MОM024.067
Par value, KZT 1,000.00
Day of auction Aug 11, 03
Payment day Aug 12, 03
Circulation start date Aug 13, 03
Maturity date Aug 11, 05
Circulation term 730 days
Coupons (planned and actual) 1 Feb 10, 04
2 Aug 11, 04
3 Feb 9, 05
4 Aug 11, 05
Authorized issue volume, KZT m 2,300.0
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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 (August 11 - August 15) is estimated by IRBIS at
KZT110.6 m.
Total volume of domestic GS settlement and serving for the period of August
11 - August 15 is estimated by IRBIS at KZT9,175.0 m.
[2003-08-08]