MEOKAM-60 of Ministry of Finance of Kazakhstan of the 21st issue - results of offering

/IRBIS, December 11, 03/ - Today the Ministry of Finance and the National Bank of Kazakhstan held the 21st 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 KZK2KY050211 KZK2KY050203 KASE trade code MOM060.021 MOM060.020 IRBIS registration number 21/60 20/60 Par value, KZT 1,000.0 1,000.0 Time Basis Actual/365 actual/365 Issue date Dec 11, 03 Dec 8, 03 Payment date Dec 12, 03 Dec 9, 03 Circulation start date Dec 13, 03 Dec 10, 03 Maturity date (planned/actual) Dec 10, 08 / Dec 10, 08 Dec7,08/Dec8,08 Days in circulation 1825 1825 Coupon payments dates (planned/actual) 1 Jun 11, 04 / Jun 11, 04 Jun8,04/Jun8,04 2 Dec 11, 04/Dec 13, 04 Dec8,04/Dec8,04 3 Jun 11, 05 / Jun 13, 05 Jun8,05/Jun8,05 4 Dec 11, 05/Dec 12, 05 Dec8,05/Dec8,05 5 Jun 11, 06 / Jun 12, 06 Jun8,06/Jun8,06 6 Dec 11, 06/Dec 11, 06 Dec8,06/Dec8,06 7 Jun 11, 07 / Jun 11, 07 Jun8,07/Jun8,07 8 Dec 11, 07/Dec 11, 07 Dec8,07/Dec10,07 9 Jun 10, 08 / Jun 10, 08 Jun7,08/Jun9,08 10 Dec 10, 08/Dec 10, 08 Dec7,08/Dec8,08 Planned volume. KZT m 3,600.0 ( 0) Number of participants - Primary dealers 13 (+3) Demand. KZT m 7,187.0 (+151.0) Maximum yield on demand, % APR 10,00 ( 0) Actual volume, KZT m 5,292.0 (+896,0) 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 December 10, 2003, (МЕОКАМ-72, KZK2KY060053, coupon rate 6.10% APR) demand has increased by KZT22.0 m. (by 0.3%), actual volume of satisfied bids increased by KZT592.0 m. (by 12.6%). [2003-12-11]