National Bank's notes-26 of 1098th issue - Offering results

/IRBIS, Sergey Yakovlev, September 2, 07/ - Today the National Bank of Kazakhstan (NBK) held the 1098th auction for offering of short-term notes. Following is complete results of offering and their comparison with the previous comparable auction. ----------------------------------------------------------------------- Type of the securities Notes-26 Notes-26 NIN KZW1KD260985 KZW1KD260738 KASE trade code NTK026_1098 NTK026_1073 Par value, KZT 100.0 100.0 Time basis actual/365 actual/365 Offering date (auction) September 2, 07 March 11, 07 Payment date September 2, 07 March 11, 07 Circulation start date September 2, 07 March 11, 07 Maturity date September 28, 07 April 6, 07 Days in circulation 26 26 Planned volume, KZT m 100,000 (-100,000.0) Limits on uncompetitive, % 90 (0) Demand, KZT m 39,420.6 (-215,584.6) Number of participants - Primary agents 5 (-7) WA yield on demand, % APR 5.35 (+0.28) Actual volume, KZT m 39,221.4 (-158,898.7) Cut-off price, KZT 99.62 (-0.04) WA price, KZT 99.62 (-0.04) Maximum yield, % APR 5.35 (+0.57) Weighted average yield, % APR 5.35 (+0.57) Effective WA yield, % APR 5.49 (+0.59) ---------------------------------------------------------------------- Regarding the previous effective offering of notes (KZW1KD280975, notes-28 dated August 24, 07), demand grew by KZT35,788.4 m. (10.9 times), the actual volume of accepted bids - by KZT35,887.7 m. (11.8 times), the bonds' yield in effective expression increased from 5.09% up to the value specified in the table. [2007-09-02]