No deals were made at additional offering of bonds of Food Contract Corporation JSC
24.06.04 20:13
/KASE, June 24, 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 193,685,753.42 tenge at
96.0100% nominal price or 9.0310% 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.
[2004-06-24]