National Bank's notes-91 of #819th issue - floatation results

/IRBIS, June 11, 03/ - Today the National Bank of Kazakhstan (NBK) held the 819th 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 KZW1KD918194 KZW1KD918137 KASE trade code NTK819.091 NTK813.091 IRBIS registration number 819/n 813/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/364 Offering date (auction) June 11, 03 May 30, 03 Settlement date June 11, 03 May 30, 03 Circulation start date June 11, 03 May 30, 03 Maturity date September 10, 03 August 29, 03 Days in circulation 91 days 91 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 15 (+ 2) Demand, KZT m 5,283.1 (- 5,965.4) WA yield on demand, % APR 5.41 ( 0) Actual volume, KZT m 5,083.9 (- 5,497.6) Cut-off price, KZT 98.67 ( 0) WA price, KZT 98.67 ( 0) Maximum yield, % APR 5.41 ( 0) Weighted average yield, % APR 5.41 ( 0) Effective WA yield, % APR 5.52 ( 0) ------------------------------------------------------------------------ Relative to the previous successful notes offering (KZW1KW158188, notes- 105 dated June 10, 03) demand increased by KZT2,403.0 m (1.8 times), actual volume of satisfied bids - by KZT2,401.2 m (1.9 times), bonds' yield in effective expression - from 5.50% APR to the figure, which is shown in the table. [2003-06-11]