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

/KASE, July 6, 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 45,300 bonds or 15.1% 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 197,391,780.82 tenge at 97.6000% nominal price or 8.6100% APR of yield. Thus demand equaled 44.15% of announced offering volume. According to the issuer price conditions of bids were admitted as unsatisfactory. No deals concluded. [2004-07-06]