National Bank's notes-105 of #818th issue - floatation results

/IRBIS, June 10, 03/ - Today the National Bank of Kazakhstan (NBK) held the 818th auction for floatation of notes with KZT100 par value and 105-day circulation term 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-105 NIN KZW1KW158188 KASE trade code NTK818.105 IRBIS registration number 818/n Par value, KZT 100.00 Time basis actual/365 Offering date (auction) June 10, 03 Settlement date June 10, 03 Circulation start date June 10, 03 Maturity date September 23, 03 Days in circulation 105 days Planned volume, KZT m 500.0 Number of participants - Primary agents 10 Demand, KZT m 2,880.0 WA yield on demand, % APR 5.47 Actual volume, KZT m 2,682.7 Cut-off price, KZT 98.47 WA price, KZT 98.47 Maximum yield, % APR 5.40 Weighted average yield, % APR 5.40 Effective WA yield, % APR 5.50 -------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW228171, notes- 154 dated June 6, 03) demand decreased by KZT8,993.4 m (4.1 times), actual volume of satisfied bids - by KZT8,940.2 m (4.3 times), bonds' yield in effective expression has not changed. [2003-06-10]