MEOKAM-72 of Ministry of Finance of Kazakhstan of the fourth issue - results of offering

/IRBIS, October 08, 03/ - Today the Ministry of Finance and the National Bank of Kazakhstan held the 4th auction for MEOKAM-72 offering (2190 days). Size of satisfaction for noncompetitive bids is 30% of specified amount. Following is the results of bonds' offering. Previous three emissions of MEOKAM-72 failed. ---------------------------------------------------------------- Type of securities МЕОКАМ-72 NSIN KZK2KY060046 KASE trade code MOM072.004 IRBIS registration number 4/72 Par value, KZT 1,000 Time Basis actual/365 Issuing date Oct 8, 03 Payment date Oct 9, 03 Circulation start date Oct 10, 03 Maturity date (planned/actual) 07.10.09 / 07.10.09 Days in circulation 2190 days Coupon payments dates (planned/actual) 1 Apr 8, 04 / Apr 8, 04 2 Oct 8, 04 / Oct 8, 04 3 Apr 8, 05 / Apr 8, 05 4 Oct 8, 05 / Oct 10, 05 5 Apr 8, 06 / Apr 10, 06 6 Oct 8, 06 / Oct 9, 06 7 Apr 8, 07 / Apr 9, 07 8 Oct 8, 07 / Oct 8, 07 9 Apr 7, 08 / Apr 7, 08 10 Oct 7, 08 / Oct 7, 08 11 Apr 7, 09 / Apr 7, 09 12 Oct 7, 09 / Oct 7, 09 Planned Volume, KZT m 4,500.0 Number of participants 11 Demand, KZT m 11,863.0 Max. fixed rate on demand, %APR 15.00 Actual volume, KZT m 5,077.0 Fixed rate, % APR 6.39 ---------------------------------------------------------------- According to information of the Ministry of finance, no bids were submitted for auction from non-residents. Relative to previous successful floatation of МЕОКАМ dated October 6 of 2003 (МЕОКАМ-60, KZK2KY050153, coupon rate 6.40% APR) demand has increased by KZT2,813.0 m. (1.3 times), actual volume of satisfied bids - by KZT1,102.0 m. (1.3 times). [2003-10-08]