No deals were made at additional offering of bonds of Food Contract Corporation JSC

/KASE, June 17, 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 96,679,452.05 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 18, 2004 in the trade system of KASE between 11:30 and 14:00 Almaty time with T+0 settlement term. [2004-06-17]