Complete results of placement of note-28 #330

/IRBIS, Aug26, 99/ - On August 26 the National Bank has conducted the 330th auction for placement of the notes with 100 tenge of nominal value and 28 days of circulation period. Announced volume of issue is determined by the emitter at KZT200 million. Satisfaction size of the incompetitive applications - 60% from established volume. Auction was hold with additional placement which was made during the day. The complete data are given below (there is no comparison, because the last such auction was more than three month ago). Type of securities Note-28 Note-28 NSIN KZ8SK2409990 KZ8SK0309994 Trade code at KASE NTK330.028 NTK324.028 IRBIS' registration number 330/N 324/N Nominal value, KZT 100,00 100,00 Date of issue Aug.26, 99 Aug.06, 99 Beginning of the circulation Aug.27, 99 Aug.06, 99 Maturity date Sep.24, 99 Sep.03, 99 Term of the circulation 28 days 28 days Demand, million KZT 3,910.7 (+ 2,217.2) Yield on demand weighted av., % p.a. 14.46 (- 0.26) Planed volume, million KZT 200.0 ( 0) Actual volume, million KZT 2,327.6 (+ 1 217.8) The cutting off price, KZT 98.92 (+ 0.01) The weighted average price, KZT 98.92 (+ 0.01) Maximum yield, % p.a. 14.19 (- 0.13) Weighted average yield., % p.a. 14.19 (- 0.13) Weighted average yield., eff.,% p.a. 15.16 (- 0.15) The National Bank will finish the 35th week in the primary market of the notes with the following results. The emitter has attracted 4,030.2 million tenge against planed volume of 400.0 million tenges, whereas the actual volume of redemption has made 2,241.3 million tenges. As it was expected, the emitter has completely fulfilled the week program, and won back the net - drawing balance lost on the previous week. In opinion of the analysts of IRBIS, this was promoted by the unordinary for the last time volume of the state securities redemption (4,876,6 million tenges at Thursday and Friday). Next week situation will be similar, if the National Bank will not pass to the placement of the more longer notes, which, according to the investors opinion, could be out of place.