Ministry of Finance held an auction for short-term state loans

According to the information given to APA from BSE, the orders were presented by 3 investors and formed 6 milliard 782 million manats at face-value. The orders were presented in the 97.80 % (profitability 12.44 %) – 97,83 % (profitability 12,26 %) price diapason.

Cut off price of the loans on the competitive orders was determined 97.80 % (profitability 12.44 %) and weighted average price 97.82 % (profitability 12.32 %) by the Ministry of Finance. The volume of the loans realized at face-value was determined 2 milliard 401 million manats and 6 milliard 782 million manats including the non-competitive orders.

Expiration date of the loans is January 13, 2006.

APA