Complete results of placement of note-35 #332

/IRBIS, Sep.03, 99/ - On September 03 the National Bank has conducted the 332th 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. Complete data and comparison with the previous comparable transh are given below. Type of securities Note-35 Note-35 NSIN KZ95K0810996 KZ95K2409995 Trade code at KASE NTK332.035 NTK328.035 IRBIS' registration number 332/N 328/N Nominal value, KZT 100.00 100.00 Date of issue Sep.03, 99 Aug.20, 99 Beginning of the circulation Sep.03, 99 Aug.20, 99 Maturity date Oct.08, 99 Sep.24, 99 Time of circulation 35 days 35 days Demand, million KZT 2,398.5 (+ 1,931.4) Yield on demand weighted av., % p.a. 27.10 (+ 9.01) Planed volume, million KZT 200.0 ( 0) Actual volume, million KZT 1,947.5 (+ 1,617.7) The cutting off price, KZT 98.58 (- 0.03) The weighted average price, KZT 98.61 ( 0) Maximum yield, % p.a. 14.98 (+ 0.32) Weighted average yield., % p.a. 14.66 ( 0) Weighted average yield., eff., % p.a. 15.67 ( 0) The demand has grown despite of disadvantageous for the emitter conjuncture. Yeld stated by the participants has grown by a third. There is an impression, that the National Bank used powerful support of one of the investors, which placed a large volume of the applications at the average weighted price (most likely, during the additional placement). Proceeding from a conjuncture of the exchange market, the average weighted yield of all demand reflects the investors' moods more real, than actual rate, which has developed after cutting off and additional placement. The National Bank not only has kept yield of the notes at the former level, but also essentially has increased volume of the net - drawing, thereby has shown an extreme interest in the positive balance of current week. The National Bank will finish the thirty second week in the primary market of the NOTES with the following results. The emitter has attracted 3,738.9 million tenge against planed volume of 400.0 million tenge, whereas the actual volume of redemption has made 2,408.1 million tenge (#324/n, KZ8SK0309994; #326/n, KZ8LK0309999).