National Bank's notes-364 of 1095th issue - floatation results
10.08.07 21:46
/IRBIS, Sergey Yakovlev, August 10, 07/ - Today the National Bank of
Kazakhstan (NBK) held the 1095th auction for floatation of short-term notes.
Following is complete results of floatation and comparison with previous
relevant issue.
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Type of the security Notes-364
NIN KZW1KM120957
KASE trade code NTK364_1095
Par value, KZT 100.00
Time basis actual/365
Offering date (auction) Aug 10, 07
Payment date Aug 10, 07
Circulation start date Aug 10, 07
Maturity date Aug 8, 08
Days in circulation 364
Planned volume, KZT m 200,000
Limits on uncompetitive, % 90
Demand (KZT m.) 29,378.3
Number of participants - Primary agents 9
WA yield on demand, % APR 9.4
Actual volume, KZT m 10,166.1
Cut-off price, KZT 93.04
WA price, KZT 93.04
Maximum yield, % APR 7.50
Weighted average yield, % APR 7.50
Effective WA yield, % APR 7.50
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Relative to previous effective floatation of notes (KZW1KD280942, notes-28
dated August 3, 07) demand decreased by KZT9,959.4 m (1.3 times), actual
volume of satisfied bids increased by KZ27,863.8 m (3.7 times), effective
yield of notes increased from 4.81%APR to the value indicated in the table.
[2007-08-10]