Complete results of notes-49 #369 placement

/IRBIS, Feb.09, 00/ - On February 09 the National Bank of Kazakhstan held the 368th auction for offering notes with 100 tenge par value. Circulation term - 49 days. Announced volume of the issue - 300 mln tenge. Size of satisfaction of noncompetitive applications is 60% of specified amount. The auction was held with additional placement, carried out during the day. Following is the complete offering data and comparison with previous similar auction: Type of the securities Notes-49 Notes-49 NSIN KZ97K2403A02 KZ97K0903A01 KASE trade code NTK368.049 NTK363.049 IRBIS registration number 368/N 363/N Par value, tenge 100.00 100.00 Issuance date Feb.09, 00 Feb.04, 00 Circulation start date Feb.10, 00 Feb.04, 00 Maturity date Mar.30, 00 Mar.24, 00 Days in circulation 49 days 49 days Demand, mln tenge 2 288.9 (- 154.0) Weighted average yield on demand, % APR 13.39 (- 0.23) Planed volume, mln tenge 300.0 ( 0) Actual volume, mln tenge 1 633.0 (+ 810.7) Cut-off price, tenge 98.23 ( 0) Weighted average price, tenge 98.24 ( 0) Maximum yield, % APR 13.39 ( 0) Weighted average yield, % APR 13.31 ( 0) Effective weighted av. yield, % APR 14.09 ( 0) As the National Bank employee has informed on KASE, it is the unique notes auction in the current week. Emitter does not plan any other placements. In opinion of the IRBIS analysts, it has had the certain influence on the emitter tactics at the placement. Taking into account forthcoming notes redemption on February 10 and 11 to the total sum of 3,502.4 million tenges, the National Bank has been interested in significant means attraction. Therefore yield of the notes remains at a former level and the great demand is used mainly for the former drawings service. There was nothing new in the investors behavior. At the short tools deficit on the market demand with a rather soft price parameters has been guaranteed to the emitter. Plus in the secondary market State Securities with the similar circulation term are offered now under lower rate. The seventh calendar week of 2000 (February 07 - 13) in the primary market of State Securities the National Bank will finish with a net - drawing balance of minus 1,869.3 million tenges. At the mentioned above volume of the redemption, the sum of attraction has not exceeded 1,633.0 million tenges.