National Bank's notes-126 of #831st issue - floatation results

/IRBIS, July 8, 03/ - Today the National Bank of Kazakhstan (NBK) held the 831st 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 KZW1KW188318 KZW1KW188250 KASE trade code NTK831.126 NTK825.126 IRBIS registration number 831/n 825/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) July 7, 03 June 24, 03 Settlement date July 7, 03 June 24, 03 Circulation start date July 7, 03 June 24, 03 Maturity date Nov 10, 03 Oct 28, 03 Days in circulation 126 126 Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 12 (-1) Demand, KZT m 4,986.2 (+890.7) WA yield on demand, % APR 5.37 (-0.06) Actual volume, KZT m 4,269.0 (+277.4) Cut-off price, KZT 98.19 (+0.02) WA price, KZT 98.19 (+0.02) Maximum yield, % APR 5.34 (-0.06) Weighted average yield, % APR 5.34 (-0.06) Effective WA yield, % APR 5.41 (-0.06) ------------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW248302, notes- 168 dated July 4, 03) demand increased by KZT2,083.0 m. (1.7 times), actual volume of satisfied bids - by KZT1,610.1 m. (1.6 times), bonds' yield in effective expression decreased from 5.50% APR to the figure, which is shown in the table. [2003-07-08]