No deals were made at additional offering of bonds of Food Contract Corporation JSC
15.06.04 22:45
/KASE, June 15, 04/ - Today, KASE held consecutive dedicated trades -
additional public offering of bonds of Food Contract Corporation JSC
(KZ2CKY05B091, official "A" listing of KASE, PRKRb1; KZT10,000, KZT3.0 bn;
May 17, 04 - May 17, 09, semiannual coupon - 8.0%APR).
The issuer offered 30,000 bonds or 10% of registered emission volume.
A single KASE member, pension market entity participated in the trades. It
submitted bids for 10,000 bonds for a total 96,635,614.44 tenge at 96.0000%
nominal price or 9.03% APR of yield. Thus demand equaled 33.3% of
announced offering volume.
According to the issuer price conditions of bids were admitted as
unsatisfactory.
Additional offering will be resumed on June 15--18, 2004 in the trade system
of KASE between 11:30 and 14:00 Almaty time with T+0 settlement term.
[2004-06-15]