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

/KASE, June 22, 04/ - Today, KASE held consecutive dedicated trades - additional public offering of bonds of Food Contract Corporation JSC (KZ2CKY05B091, official "A" listing of KASE, PRKRb1; KZT 10,000, KZT 3.0 bn; May 17, 04 - May 17, 09, semiannual coupon - 8.0%APR). The issuer offered 50,000 bonds or 16.7% of registered emission volume. A single KASE member, pension market entity participated in the trades. It submitted bids for 20,000 bonds for a total 193,778,082.19 tenge at 96.1000% nominal price or 9.0063% APR of yield. Thus demand equaled 40.0% of announced offering volume. According to the issuer price conditions of bids were admitted as unsatisfactory. No deals concluded. [2004-06-22]