MEOKAM-72 of Ministry of Finance of Kazakhstan of the sixth issue - results of offering
12.01.04 00:00
/IRBIS, Sergey Yakovlev, January 12, 04/ - Today the Ministry of Finance
and the National Bank of Kazakhstan held the 6th auction for MEOKAM-72
offering (2190 days, 6 years). Size of satisfaction for noncompetitive bids is
30% of specified amount.
Following is the results of bonds' offering and comparison with previous
similar issue.
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Type of securities МЕОКАМ-72 MEOKAM-72
NSIN KZK2KY060061 KZK2KY060053
KASE trade code MOM072.006 MOM072.005
IRBIS registration number 6/72 5/72
Par value, KZT 1 000,0 1,000
Time Basis actual/365 actual/365
Issuing date Jan12,04 Dec10,03
Payment date Jan13,04 Dec11,03
Circulation start date Jan14,04 Dec12,03
Maturity date (planned/actual) Jan11,10 Dec9,09
Days in circulation 2190 2190 days
Coupon payments dates (planned/actual) 1 Jul13,04/Jul13,04 Jun10,04/Jun10,04
2 Jan12,05/Jan12,05 Dec10,04/Dec10,04
3 Jul13,05/Jul13,05 Jun10,05/Jun10,05
4 Jan12,06/Jan12,06 Dec10,05/Dec12,05
5 Jul13,06/Jul13,06 Jun10,06/Jun12,06
6 Jan12,07/Jan12,07 Dec10,06/Dec11,06
7 Jul13,07/Jul13,07 Jun10,07/Nov6,07
8 Jan12,08/Jan14,08 Dec10,07/Dec10,07
9 Jul12,08/Jul14,08 Jun9,08/Jun9,08
10 Jan11,09/Jan12,09 Dec9,08/Dec9,08
11 Jul12,09/Jul13,09 Jun9,09/Jun9,09
12 Jan11,10/Jan11,10 Dec9,09/Dec9,09
Planned Volume, KZT m 3,500.0 4,500.0
Number of participants 11 9
Demand, KZT m 4,440.0 7,165.0
Max. fixed rate on demand, %APR 10.00 15.00
Actual volume, KZT m 2,890.0 4,700.0
Fixed rate, % APR 6.10 6.10
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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 January 5, 2004
(МЕОКАМ-60, KZK2KY050229, coupon rate 6.09% APR) demand has
increased by KZT2,280.0 m. (2.1 times), actual volume of satisfied bids - by
KZT1,665.0 m. (2.4 times).
[2004-12-10]