National Bank's notes-168 of #830th issue - floatation results

/IRBIS, July 4, 03/ - Today the National Bank of Kazakhstan (NBK) held the 830th auction for floatation of notes with KZT100 par value and 163-day circulation term. Size of satisfaction of noncompetitive applications is 50% of specified amount. The auction was conducted with additional floatation, realized during the day. Following are complete offering data. This is the first floatation of notes with such circulation term. ------------------------------------------------------- Type of the securities Notes-168 NSIN KZW1KW248302 KASE trade code NTK830.168 IRBIS registration number 830/n Par value, KZT 100,00 Times basis Actual/365 Offering date (auction) July 04, 03 Settlement date July 04, 03 Circulation start date July 04, 03 Maturity date December 19, 03 Days in circulation 168 days Planned volume, KZT m 500.0 Number of participants - Primary agents 10 Demand, KZT m 2,903.3 WA yield on demand, % APR 5.48 Actual volume, KZT m 2,658.9 Cut-off price, KZT 97.56 WA price, KZT 97.56 Maximum yield, % APR 5.43 Weighted average yield, % APR 5.43 Effective WA yield, % APR 5.50 ------------------------------------------------------- Relative to the previous offering of notes (KZW1KW168294, notes-112 dated July 03, 03) demand fell by KZT18,982.1 m (7.5 times), actual volume of satisfied bids - by KZT18,581.6 m (8 times), yield of notes in effective expression grew from 5.36% APR to the figure, which is shown in the table. [2003-07-04]