National Bank's notes-182 of #815th issue - floatation results

/IRBIS, June 4, 03/ - Today the National Bank of Kazakhstan (NBK) held the 815th auction for floatation of notes with KZT100 par value and 182-day what is admitted by the new edition of "The 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. 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 data of offering. Notes with such the circulation term are floated first. ----------------------------------------------------- Type of the securities Notes-182 NIN KZW1KW268151 KASE trade code NTK815.182 IRBIS registration number 815/n Par value, KZT 100.00 Time basis actual/365 Offering date (auction) June 4, 03 Settlement date June 4, 03 Circulation start date June 4, 03 Maturity date Dec 3, 03 Days in circulation 182 days Planned volume, KZT m 500.0 Number of participants - Primary agents 10 Demand, KZT m 11,216.3 WA yield on demand, % APR 5.54 Actual volume, KZT m 6,108.7 Cut-off price, KZT 97.35 WA price, KZT 97.35 Maximum yield, % APR 5.54 Weighted average yield, % APR 5.46 Effective WA yield, % APR 5.53 ----------------------------------------------------- Relative to the previous successful notes offering (KZW1KW188144, notes- 126 dated June 3, 03) demand decreased by KZT6,225.3 m (1.6 times), actual volume of satisfied bids - by KZT8,335.0 m (2.4 times), bonds' yield in effective expression increased from 5.50% APR to the figure, which is shown in the table. Despite the significant falling of demand, in absolute monetary terms it remains very big that proves participants' interest in long notes even with such the yield. [2003-06-04]