MEOKAMs to be placed on the 5th, 6th and 8th November, 2001

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10:57 06.11.2001
text: "Kazakhstan Today"
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KASE informs that the Kazakh Finance Ministry has planned three auctions at SCS on November 5-11, 2001, placing MEOKAM-24, MEOKAM-48 and MEOKAM-12.

Announced volumes of emissions of MEOKAM-24, MEOKAM-48 and MEOKAM-12 match KZT 600 mln, KZT 600 mln and KZT 300 mln respectively.

Limitation on uncompetitive applications - 50%.

The volume of servicing internal state securities of the Finance Ministry of the RK this week is estimated by KASE's analysts with taking into account announced parameters of inflation at KZT 75 mln. Moreover, on November 11, 2001 Finance Ministry is due to transfer coupon awards on Euronotes of the third emission in the equivalent of KZT 2887.2 mln (at KZT/USD 148,30 rate fixed by the National Bank of Kazakhstan).

Total volume of repay and servicing internal Kazakh state securities on the period November 5-11 is estimated by KASE specialists at KZT 995.5 mln, and with taking into account awards on Euronotes issuers should pay equivalent of KZT 3882.7 mln.