MEOKAM-24 of Ministry of Finance of Kazakhstan of the 69th issue - results of offering

/IRBIS, Sergey Yakovlev, April 5, 04/ - Today the Ministry of Finance and the National Bank of Kazakhstan held the 69th auction for MEOKAM-24 offering (730 days, 2 years). Size of satisfaction for noncompetitive applications is 30% of specified amount. Following is the issue structure, results of bonds: -------------------------------------------------------------------- Type of the securities MEOKAM-24 MEOKAM-24 NIN KZK2KY020693 KZK2KY020685 KASE trade code MOM024_0069 MOM024.068 IRBIS registration number 69/24 68/24 Par value, KZT 1,000.0 1,000.0 Settlement basis actual/365 actual/365 Offering date (auction) Apr 5, 04 Feb 2, 04 Payment date Apr 6, 04 Feb 3, 04 Circulation start date Apr 7, 04 Feb 4, 04 Maturity date (planned / actual) Apr 6, 06 Feb 2, 06 Days in circulation 730 730 Coupon payments dates (planned / actual) 1 Oct 5, 04 Aug 3, 04 2 Apr 6, 05 Feb 2, 05 3 Oct 5, 05 Aug 3, 05 4 Apr 6, 06 Feb 2, 06 Planned volume. KZT m 3 500.0 ( 0) Number of participants - Primary dealers 14 ( 0) Demand. KZT m 14,704.0 (+8,554.0) Maximum yield on demand, % APR 6.00 (-3.00) Actual volume, KZT m 13,404.0 (+8,854.0) Fixed rate, % APR 5.80 ( 0) -------------------------------------------------------------------- According to information of the Ministry of finance, there were no applications to the auction submitted by non-residents. Relative to previous successful floatation of МЕОКАМ (МЕОКАМ-84 dated March 29, 2004, KZK2KY070052, interest rate 6.10% APR) demand grew by KZT13,230.0 m (10.0 times), actual volume of satisfied bids - by KZT12,331.0 m (12.5 times). [2004-04-05]