MEOKAM-60 of Ministry of Finance of Kazakhstan of the 19th issue - results of offering

/IRBIS, November 19, 03/ - Today the Ministry of Finance and the National Bank of Kazakhstan held the 19th auction for MEOKAM-60 offering (1825 days, 5 years). Size of satisfaction for noncompetitive bids is 30% of specified amount. Following is the issue structure, results of bonds offering and comparison with previous similar issue: ------------------------------------------------------------------------------ Type of securities МЕОКАМ-60 МЕОКАМ-60 NSIN KZK2KY050195 KZK2KY050187 KASE trade code MOM060.019 MOM060.018 IRBIS registration number 19/60 18/60 Par value, KZT 1,000.0 1,000.0 Time Basis actual/365 actual/365 Issue date Nov 19, 03 Nov 10, 03 Payment date Nov 20, 03 Nov 11, 03 Circulation start date Nov 21, 03 Nov 12, 03 Maturity date (planned/actual) Nov 18,08/ Nov18,08 Nov9,08/Nov10,08 Days in circulation 1,825 1,825 Coupon payments dates (planned/actual) 1 May 20,04/May20,04 May11,04/May11,04 2 Nov19,04/Nov19,04 Nov10,04/Nov10,04 3 May20,05/May20,05 May11,05/May11,05 4 Nov19,05/Nov21,05 Nov10,05/Nov10,05 5 May20,06/May22,06 May11,06/May11,06 6 Nov19,06/Nov20,06 Nov10,06/Nov10,06 7 May20,07/May21,07 May11,07/May11,07 8 Nov19,07/Nov19,07 Nov10,07/Nov12,07 9 May19,08/May19,08 May10,08/May12,08 10 Nov18,08/Nov18,08 Nov9,08/Nov10,08 Planned volume. KZT m 4,500.0 (+300.0) Number of participants - Primary dealers 13 (+2) Demand. KZT m 7,200.0 (+92.8) Maximum yield on demand, % APR 15.00 ( 0) Actual volume, KZT m 5,600.0 (+1,557.8) Fixed rate, % APR 6.09 ( 0) ------------------------------------------------------------------------------ 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 November 17, 2003, (МЕОКАМ-108, KZK2KY090035, coupon rate 6.30% APR) demand has decreased by KZT4,970.0 m. (3.2 times), actual volume of satisfied bids increased by KZT5,080.0 m. (10.8 times). [2003-11-19]