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. ------------------------------------------------------------------------------ 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 ------------------------------------------------------------------------------ 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]