MEKKAM-12 of Finance Ministry of Kazakhstan of the 84th issue - results of floatation and comparison with the previous issue

/IRBIS, Sergey Yakovlev, June 29, 05/ - Today the Ministry of Finance (MOF) and the National Bank of Kazakhstan held the 84th auction on floatation of annual MEKKAM (365 days). Size of satisfaction for noncompetitive applications is 10% of specified amount. Following is the issue structure, results of bonds offering and comparison with previous similar comparable floatation: ---------------------------------------------------------------------- Type of the securities MEKKAM-12 MEKKAM-12 NIN KZK1KM120844 KZK1KM120836 KASE trade code MКM0012_084 MКM012_0083 IRBIS registration number 81/12 83/12 Par value, KZT 100.00 100.00 Time basis actual/actual actual/actual Offering date (floatation) June 29, 05 March 30, 05 Payment date June 29, 05 March 30, 05 Circulation start date June 29, 05 March 30, 05 Maturity date June 29, 05 March 30, 05 Days in circulation 365 365 Planned volume. KZT m 18,000.0 (+2,000.0) Number of participants - Primary dealers 27 (+5) Demand. KZT m 54,325.5 (+27,851.8) Demand to offer, % 301.8 (+136.3) Yield on demand weighted average, % APR 3.16 (-1.63) Actual volume, KZT m 18,000.0 (+2,000.0) Cut-off price, KZT 97.20 (+0.58) Weighted average price, KZT 97.32 (+0.39) Max yield % APR 2.88 (-0.62) WA yield, % APR 2.75 (-0.41) WA effective yield, % APR 2.75 (-0.41) ---------------------------------------------------------------------- [2004-06-29]