/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]