MEOKAM-84 of Ministry of Finance of Kazakhstan of the fifth issue - results of offering

/IRBIS, Sergey Yakovlev, March 29, 04/ - Today the Ministry of Finance and the National Bank of Kazakhstan held the fifth auction for MEOKAM-84 offering (2555 days, 7 years). Size of satisfaction for noncompetitive bids is 30% of specified amount. Following is the results of floatation and comparison with previous similar issue: ---------------------------------------------------------------------------- Type of securities MEOKAM-84 MEOKAM-84 NIN KZK2KY070052 KZK2KY070045 KASE trade code MOM084 _0005 MOM084.004 IRBIS registration number 5/84 4/84 Par value, KZT 1,000.0 1,000.0 Time basis Actual/365 actual/365 Issue date Mar29,04 Jan20,04 Payment date Mar30,04 Jan21,04 Circulation start date Mar31,04 Jan22,04 Maturity date (planned/actual) Mar29,11 Jan19,11 Days in circulation 2,555 2555 Coupon payments dates (planned/actual) 1 Sep28,04/Sep28,04 Jul21,04/Jul21,04 2 Mar30,05/Mar30,05 Jan20,05/Jan20,05 3 Sep28,05/Sep28,05 Jul21,05/Jul21,05 4 Mar30,06/Mar30,06 Jan20,06/Jan20,06 5 Sep28,06/Sep28,06 Jul21,06/Jul21,06 6 Mar30,07/Mar30,07 Jan20,07/Jan22,07 7 Sep28,07/Sep28,07 Jul21,07/Jul23,07 8 Mar29,08/Mar31,08 Jan20,08/Jan21,08 9 Sep27,08/Sep29,08 Jul20,08/Jul21,08 10 Mar29,09/Mar30,09 Jan19,09/Jan19,09 11 Sep27,09/Sep28,09 Jul20,09/Jul20,09 12 Mar29,10/Mar29,10 Jan19,10/Jan19,10 13 Sep27,10/Sep27,10 Jul20,10/Jul20,10 14 Mar29,11/Mar29,11 Jan19,11/Jan19,11 Planned volume. KZT m 3,000.0 ( 0) Number of participants - Primary dealers 9 (-1) Demand. KZT m 1,474.0 (-1 065,8) Maximum yield on demand, % APR 7.10 (-2,40) Actual volume, KZT m 1,073.0 (-186,8) Fixed rate, % APR 6.10 ( 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 March 15 of 2004, (МЕОКАМ-72, KZK2KY060079, coupon rate 6.10% APR) demand rose by KZT697.8 m. (1.9 times), actual volume of satisfied bids decreased by KZT621.8 m. (2.4 times). [2004-03-29]