/SUPPLEMENTED/ MEOKAM-84 of Ministry of Finance of Kazakhstan of the first issue - results of offering

24.10.03 00:00
/IRBIS, October 24, 03, supplemented with data about securities purchasing by primary dealers and investors/ - On October 23 of 2003 the Ministry of Finance and the National Bank of Kazakhstan held the first auction for MEOKAM-84 offering (2555 days, 7 years). Size of satisfaction for noncompetitive bids is 30% of specified amount. Following is the results of primary floatation: ---------------------------------------------------------------------- Type of securities МЕОКАМ-84 NSIN KZK2KY070011 KASE trade code MOM084.001 IRBIS registration number 1/84 Par value, KZT 100.0 Time Basis actual/365 Issue date Oct 23, 03 Payment date Oct 23, 03 Circulation start date Oct 24, 03 Maturity date (planned/actual) Oct 21, 10 Days in circulation 2,555 Coupon payments dates (planned/actual) 1 Apr 22, 04 / Apr 22, 04 2 Oct 22, 04 / Oct 22, 04 3 Apr 22, 05 / Apr 22, 05 4 Oct 22, 05 / Oct 24, 05 5 Apr 22, 06 / Apr 24, 06 6 Oct 22, 06 / Oct 23, 06 7 Apr 22, 07 / Apr 23, 07 8 Oct 22, 07 / Oct 22, 07 9 Apr 21, 08 / Apr 21, 08 10 Oct 21, 08 / Oct 21, 08 11 Apr 21, 09 / Apr 21, 09 12 Oct 21, 09 / Oct 21, 09 13 Apr 21, 10 / Apr 21, 10 14 Oct 21, 10 / Oct 21, 10 Planned volume. KZT m 2,000.0 Number of participants - Primary dealers (PD) 14 Demand. KZT m 7,783.2 Maximum yield on demand, % APR 50.00 Actual volume, KZT m 2,743.2 inc. purchased by PD 2,050.0 inc. purchased by clients of PD 693.2 Fixed rate, % APR 6.10 ---------------------------------------------------------------------- According to information of the Ministry of finance, no bids were submitted to the auction from non-residents. Relative to previous successful floatation of МЕОКАМ dated October 16, 2003, (МЕОКАМ-96, KZK2KY080010, coupon rate 6.20% APR) demand has increased by KZT5,221.2 m. (3.0 times), actual volume of satisfied bids - by KZT2,181.2 m. (4.9 times). [2003-10-24]