No deals were made at additional offering of bonds of Food Contract Corporation JSC
28.06.04 20:29
/KASE, June 28, 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 193,841,095.89 tenge at
96.0000% nominal price or 9.0348% 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.
[2004-06-28]