MEOKAM-72 of Ministry of Finance of Kazakhstan of the 7th issue - results of offering

/IRBIS, Sergey Yakovlev, March 15, 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 МЕОКАМ-72 NSIN KZK2KY060079 KZK2KY060061 KASE trade code MOM072_0007 MOM072.006 IRBIS registration number 7/72 6/72 Par value, KZT 1,000.0 1 000,0 Time Basis Actual/365 actual/365 Issuing date Mar 15, 04 Jan12,04 Payment date Mar 16, 04 Jan13,04 Circulation start date Mar 17, 04 Jan14,04 Maturity date (planned/actual) Mar 15, 10 Jan11,10 Days in circulation 2,190 2190 Coupon payments dates (planned/actual) 1 Sep14,04/Sep14,04 Jul13,04/Jul13,04 2 Mar16,05/Mar16,05 Jan12,05/Jan12,05 3 Sep14,05/Sep14,05 Jul13,05/Jul13,05 4 Mar16,06/Mar16,06 Jan12,06/Jan12,06 5 Sep14,06/Sep14,06 Jul13,06/Jul13,06 6 Mar16,07/Mar16,07 Jan12,07/Jan12,07 7 Sep14,07/Sep14,07 Jul13,07/Jul13,07 8 Mar15,08/Mar17,08 Jan12,08/Jan14,08 9 Sep13,08/Sep15,08 Jul12,08/Jul14,08 10 Mar15,09/Mar16,09 Jan11,09/Jan12,09 11 Sep13,09/Sep14,09 Jul12,09/Jul13,09 12 Mar15,10/Mar15,10 Jan11,10/Jan11,10 Planned Volume, KZT m 3,500.0 ( 0) Number of participants 10 (-1) Demand, KZT m 776.2 (-3,663.8) Max. fixed rate on demand, %APR 10.00 ( 0) Actual volume, KZT m 451.2 (-2,438.8) Fixed rate, % APR 6.10 (0) ---------------------------------------------------------------------------- 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 March 10, 2004 (МЕОКАМ-60, KZK2KY050245, coupon rate 6.09% APR) demand has decreased by KZT3,088.1 m. (5.0 times), actual volume of satisfied bids - by KZT2,293.1 m. (6.1 times). [2004-03-15]