National Bank's notes-91 of #813th issue - floatation results

/IRBIS, May 30, 03/ - Today the National Bank of Kazakhstan (NBK) held the 813th 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. IRBIS pays attention of subscribers on the fact that these notes have been issued with new time basis according to the new edition of "Rules of issue, floatation, circulation and redemption of short-term notes of the National Bank of Kazakhstan", which took effect since May 30 of 2003. --------------------------------------------------------------------- Type of the securities Notes-91 Notes-91 NIN KZW1KD918137 KZW1KD918111 KASE trade code NTK813.091 NTK811.091 IRBIS registration number 813/n 811/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/364 Offering date (auction) May 30, 03 May 23, 03 Settlement date May 30, 03 May 23, 03 Circulation start date May 30, 03 May 23, 03 Maturity date August 29, 03 August 22, 03 Days in circulation 91 days 91 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 13 (+ 2) Demand, KZT m 11,248.5 (+ 1,966.9) WA yield on demand, % APR 5.41 (- 0.08)* Actual volume, KZT m 10,581.5 (+ 5,579.4) Cut-off price, KZT 98.67 (+ 0.01)* WA price, KZT 98.67 (+ 0.01)* Maximum yield, % APR 5.41 (- 0.04)* Weighted average yield, % APR 5.41 (- 0.04)* Effective WA yield, % APR 5.52 (- 0.04)* --------------------------------------------------------------------- * taking into account recalculation to basis actual/365 Relative to the previous successful notes offering (notes-28 dated May 27, 03, KZW1KD288121) demand increased by KZT6,094.7 m (2.2 times), actual volume of borrowing - by KZT5,966.5 m (2.3 times), bonds' yield in effective expression - from 5.35% APR to the figure, which is shown in the table. [2003-05-30]