National Bank's notes-126 of #820ieth issue - floatation results

/IRBIS, June 13, 03/ - Today the National Bank of Kazakhstan (NBK) held the 820ieth auction for floatation of notes with KZT100 par value and 126- day. 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 the offering and comparison with pervious comparable issue. ------------------------------------------------------------------- Type of the securities Notes-126 Notes-126 NIN KZW1KW188201 KZW1KW188144 KASE trade code NTK820.126 NTK814.126 IRBIS registration number 820/n 814/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) June 13, 03 June 3, 03 Settlement date June 13, 03 June 3, 03 Circulation start date June 13, 03 June 3, 03 Maturity date Oct 17, 03 Oct 7, 03 Days in circulation 126 days 126 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 13 (-1) Demand, KZT m 5,274.2 (-12,167.4) WA yield on demand, % APR 5.46 (-12.40) Actual volume, KZT m 5,077.4 (-9,366.3) Cut-off price, KZT 98.16 ( 0) WA price, KZT 98.16 ( 0) Maximum yield, % APR 5.43 ( 0) Weighted average yield, % APR 5.43 ( 0) Effective WA yield, % APR 5.50 ( 0) ------------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KD918194, notes- 91 dated June 11, 03) demand decreased by KZT8.9 m. (by 0.17%), actual volume of satisfied bids - by KZT6.5 m. (by 0.13%), bonds' yield in effective expression decreased from 5.52% APR to the figure, which is shown in the table. [2003-06-13]