Complete results of placement of notes-35 #325
13.08.99 00:00
/IRBIS, Aug.13, 99/ - On August 12 the National Bank of Kazakhstan held
325th auction on placement of notes with the nominal value of 100 tenge and
with 35 days of circulation. Announced volume of the issue is determined by
the emitter at 200 million tenge. Size of satisfaction of noncompetitive
applications is 60%.
The auction was held with an additional placement which has been
competed during the same day.
Following is the complete data (no comparisons are given, since the
previous comparable auction was held more than four months ago):
Type of the securities Notes-35
NSIN KZ95K1709999
KASE trade code NOTES 325
IRBIS registration number 325/N
Nominal value, tenge 100.00
Issuance date Aug.12, 99
Circulation start date Aug.13, 99
Redemption date Sept.17, 99
Days in circulation 35
Number of Primary dealers 8
Demand, mln tenge 1,766.6
Weighted average yield on demand, % APR 15.73
Planned volume, mln tenge 200.0
Actual volume, mln tenge 1,123.5
Cut-off price, tenge 98.60
Weighted average price, tenge 98.61
Maximum yield, % APR 14.77
Weighted average yield, % APR 14.66
Effective weighted average yield, % APR 15.67
In the placement sector of notes nothing has changed yet. Despite the
banks' deep interest in the currency market in this week, large amounts of
participants' free assets allowed them to offer bulky and soft in terms of the
price demand.
The emitter still demonstrates his interest in maximizing the attracted amount
and has a positive balance of a net borrowing.