National Bank's notes-154 of #823rd issue - floatation results

/IRBIS, June 20, 03/ - Today the National Bank of Kazakhstan (NBK) held the 823rd auction for floatation of notes with KZT100 par value and 154-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 data of offering. ------------------------------------------------------------------------ Type of the securities Notes-154 Notes-154 NIN KZW1KW228239 KZW1KW228171 KASE trade code NTK823.154 NTK817.154 IRBIS registration number 823/n 817/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) June 20, 03 June 6, 03 Settlement date June 20, 03 June 6, 03 Circulation start date June 20, 03 June 6, 03 Maturity date November 21, 03 November 7, 03 Days in circulation 154 days 154 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 11 (-3) Demand, KZT m 4,905.6 (-6,967.9) WA yield on demand, % APR 5.48 (+0.02) Actual volume, KZT m 4,417.6 (-7,205.4) Cut-off price, KZT 97.76 ( 0) WA price, KZT 97.76 ( 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 (KZW1KD778242, notes- 77 dated June 19, 03) demand increased by KZT327.5 m (by 7.5%), actual volume of satisfied bids - by KZT737.0 m (by 20.0%), bonds' yield in effective expression increased from 5.48% APR to the figure, which is shown in the table. [2003-06-20]