MEOKAM-72 of Ministry of Finance of Kazakhstan of the 9th issue - results of offering

/IRBIS, Elena Korpusenko, September 28, 04/ - Today the Ministry of Finance and the National Bank of Kazakhstan held the 9th 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 KZK2KY060095 KZK2KY060087 KASE trade code MOM072_0009 MOM072_0008 IRBIS registration number 9/72 8/72 Par value, KZT 1,000.0 1,000.0 Time Basis Actual/365 Actual/365 Issuing date Sep 28, 04 Aug 18, 04 Payment date Sep 29, 04 Aug 19, 04 Circulation start date Sep 30, 04 Aug 20, 04 Maturity date (planned/actual) Sep 28, 10 Aug 18, 10 Days in circulation 2,190 2,190 Coupon payments dates (planned/actual) 1 Mar 30,05 / Mar 30,05 Feb 17,04 / Feb 17,04 2 Sep 29,05 / Sep 29,05 Aug 19,05 / Aug 19,05 3 Mar 30,06 / Mar 30,06 Feb 17,05 / Feb 17,05 4 Sep 29,06 / Sep 29,06 Aug 21,06 / Aug 21,06 5 Mar 30,07 / Mar 30, 07 Feb 17,06 / Feb 19, 06 6 Sep 29,07 / Oct 01,07 Aug 19,07 / Aug 20,07 7 Mar 29,08 / Mar 31,08 Feb 17,07 / Feb 18,07 8 Sep 28,08 / Sep 29,08 Aug 18,08 / Aug 18,08 9 Mar 29,09 / Mar 30,09 Feb 16,08 / Feb 16,08 10 Sep 28,09 / Sep 28,09 Aug 18,09 / Aug 18,09 11 Mar 29,10 / Mar 29,10 Feb 16,09 / Feb 16,10 12 Sep 28,10 / Sep 28,10 Aug 15,18 / Aug 18,10 Planned Volume, KZT m 5,000.0 (0) Number of participants 13 (-3) Demand, KZT m 14,815.4 (-594.6) Max. fixed rate on demand, %APR 7.50 (-3.50) Actual volume, KZT m 10,165.4 (+1,040.4) Fixed rate, % APR 5.60 (-0.20) ----------------------------------------------------------------------------- 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 September 13, 2004 (MEOKAM-60, KZK2KY050252, coupon rate 5.50% APR) demand increased by KZT 2,108.1 m (16.6%), actual volume of satisfied bids fell by KZT 88.9 m. (0.9%). [2004-09-28]