/IRBIS, October 24, 03/ - Today the National Bank of Kazakhstan (NBK) held the 867th auction for floatation of notes with KZT100 par value and 140-day circulation. Size of satisfaction of noncompetitive bids is 50% of specified amount.

The auction was conducted with additional floatation, realized during the day. Following is complete data on floatation results. Notes with such circulation terms are issued for the first time.

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Type of the securities                   Notes-140
NIN                                      KZW1KW208678
KASE trade code                          NTK867.140
IRBIS registration number                867/n
Par value, KZT                           100.00
Time basis                               actual/365
Offering date (auction)                  Oct 24, 03
Payment date                             Oct 24, 03
Circulation start date                   Oct 24, 03
Maturity date                            Mar 12, 04
Days in circulation                      140
Planned volume, KZT m                    1,000.00
Number of participants - Primary agents  9
Demand, KZT m                            3,008.1
WA yield on demand, % APR                5.46
Actual volume, KZT m                     2,258.4
Cut-off price, KZT                       98.19
WA price, KZT                            98.19
Maximum yield, % APR                     4.81
Weighted average yield, % APR            4.81
Effective WA yield, % APR                4.86
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Relative to previous successful floatation of notes (KZW1KW478669, notes- 329 dated October 23, 03) the demand increased by KZT87.3 m (by 3,0%), actual volume of satisfied bids -by KZT38.3 m (by 1.7%), effective yield - from 5.15%APR to the value shown in the table.

[2003-10-24]