MEKKAM-6 of the Ministry of Finance #179 issue - offering results

/IRBIS, Sergey Yakovlev, June 23, 04/ - Today the Ministry of Finance (MOF) and the National Bank of Kazakhstan (NBK) held the 179th auction for MEKKAM-6 offering (182 days). Size of satisfaction for noncompetitive applications is 30% of specified amount. Following are complete offering results, issue parameters and comparison with previous comparable issue. --------------------------------------------------------- Type of the securities MEKKAM-6 MEKKAM-6 NSIN KZK1KM061790 KZK1KM061782 KASE trade code MКM006_0179 MКM006_178 IRBIS registration number 179/6 178/6 Par value, KZT 100.00 100.00 Issuance date (auction) Jun 23, 04 Jun 17, 04 Payment date Jun 24, 04 Jun 18, 04 Circulation start date Jun 25, 04 Jun 19, 04 Maturity date Dec 23, 04 Dec 17, 04 Days in circulation 182 182 Planned volume, mln KZT 3,500.00 (0) Number of Primary dealers 11 (+1) Demand, mln KZT 4,769.8 (-2,842.6) WA yield on demand, % APR 4.91 ( 0) Actual volume, mln KZT 4,701.7 (-1,234.7) Cut-off price, % of par value 97.55 (-0.07) WA price, % of par value 97.62 ( 0) Maximum yield, % APR 5.04 (+0.15) Weighted average yield, % APR 4.89 ( 0) Effective WA yield, % APR 4.95 ( 0) --------------------------------------------------------- According to the National Bank's information, no bids were received from non-residents. [2004-06-23]