MEOKAM-72 of Ministry of Finance of Kazakhstan of the 8th issue - results of offering

/IRBIS, Sergey Yakovlev, August 18, 04/ - Today the Ministry of Finance and the National Bank of Kazakhstan held the 8th auction for MEOKAM-72 offering (2190 days, 6 years). Size of satisfaction for noncompetitive bids is 30% of specified amount. Following is the results of bonds' offering and comparison with previous similar issue. -------------------------------------------------------------------------------- Type of securities МЕОКАМ-72 МЕОКАМ-72 NSIN KZK2KY060087 KZK2KY060079 KASE trade code MOM072_0008 MOM072_0007 IRBIS registration number 8/72 7/72 Par value, KZT 1,000.0 1 000,0 Time Basis Actual/365 actual/365 Issuing date Aug 18, 04 Mar 15, 04 Payment date Aug 19, 04 Mar 16, 04 Circulation start date Aug 20, 04 Mar 17, 04 Maturity date (planned/actual) Aug 18, 10 Mar 15, 10 Days in circulation 2,190 2190 Coupon payments dates (planned/actual) 1 Feb 17,04/Feb 17,04 Sep14,04/Sep14,04 2 Aug 19,05/Aug 19,05 Mar16,05/Mar16,05 3 Feb 17,05/Feb 17,05 Sep14,05/Sep14,05 4 Aug 21,06/Aug 21,06 Mar16,06/Mar16,06 5 Feb 17,06/Feb 19,06 Sep14,06/Sep14,06 6 Aug 19,07/Aug 20,07 Mar16,07/Mar16,07 7 Feb 17,07/Feb 18,07 Sep14,07/Sep14,07 8 Aug 18,08/Aug 18,08 Mar15,08/Mar17,08 9 Feb 16,08/Feb 16,08 Sep13,08/Sep15,08 10 Aug 18,09/Aug 18,09 Mar15,09/Mar16,09 11 Feb 16,09/Feb 16,10 Sep13,09/Sep14,09 12 Aug 15,18/Aug 18,10 Mar15,10/Mar15,10 Planned Volume, KZT m 5 000.0 (+1 500.0) Number of participants 16 (+6) Demand, KZT m 15 410.0 (+14 633.8) Max. fixed rate on demand, %APR 11.0 (+1.00) Actual volume, KZT m 9 125 (+8 673.8) Fixed rate, % APR 5.80 (-0.30) -------------------------------------------------------------------------------- According to information of the Ministry of finance, no bids were submitted for auction from non-residents. Relative to previous successful floatation of МЕОКАМ dated April 19, 2004 (MEOKAM-84, KZK2KY070060, coupon rate 6.10% APR) demand increased by KZT 12,332.6 m. (5.0 times), actual volume of satisfied bids - by KZT 8,127.6 m. (9.1 times). [2004-08-18]