National Bank's notes-91 of #801st issue - floatation results

/IRBIS, April 24, 03/ - Today the National Bank of Kazakhstan (NBK) held the 801st auction for floatation of notes with KZT100 par value and 91-day circulation term. Size of satisfaction of noncompetitive bids is 50% of specified amount. The auction was conducted with additional floatation, realized during the day. Following are complete offering data and comparison with previous comparable issue. ----------------------------------------------------------------- Type of the securities Notes-91 Notes-91 NSIN KZW1KD918012 KZW1KD917998 KASE trade code NTK801.091 NTK799.091 IRBIS registration number 801/N 799/N Par value, KZT 100.00 100.00 Offering date (auction) Apr 24,03 Apr 18,03 Settlement date Apr 24,03 Apr 18,03 Circulation start date Apr 24,03 Apr 18,03 Maturity date July 24,03 July 18,03 Days in circulation 91 days 91 days Planned volume, KZT m 500.0 ( 0) Number of participants - Primary agents 10 (- 2) Demand, KZT m 8,185.5 (+ 2,680.7) WA yield on demand, % APR 5.60 (+ 0.04) Actual volume, KZT m 6,115.1 (+ 621.1) Cut-off price, KZT 98.63 ( 0) WA price, KZT 98.63 ( 0) Maximum yield, % APR 5.56 ( 0) Weighted average yield, % APR 5.56 ( 0) Effective WA yield, % APR 5.68 ( 0) ----------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KD778002, notes- 77 dated April 23, 03) demand increased by KZT6,631.0 m (5.3 times), actual volume of satisfied bids - by KZT4,622.4 m (4.1 times), bonds' yield in effective expression increased from 5.61% APR to the figure, which is shown in the table. [2003-04-24]