Finance Ministry accumulates $300 m for eurobonds redemption

/IRBIS, September 22, 04/ - Information presented contains translated abstract of REUTERS news. The Ministry of Finance of Kazakhstan started accumulation of funds for repayment of eurobonds for a total of $300.0 m, the finance minister Arman Dunayev informed. He gave no any detailed figures on funds finance ministry has accumulated so far. On the last auction held on September 13, the finance ministry floated 5-year MEOKAM (government bonds) for a total of KZT 10.3 bn with announced volume of KZT 4.0 bn. [2004-09-22]