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: ------------------------------------------ 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 ------------------------------------------ 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]