National Bank's notes-182 of #833rd issue - floatation results
10.07.03 00:00
/IRBIS, July 10, 03/ - Today the National Bank of Kazakhstan (NBK) held the
833rd auction for floatation of notes with KZT100 par value and 182-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 offering. Notes with such the circulation term
are floated first.
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Type of the securities Notes-182 Notes-182
NIN KZW1KW268334 KZW1KW268151
KASE trade code NTK833.182 NTK815.182
IRBIS registration number 833/n 815/n
Par value, KZT 100.00 100.00
Time basis actual/365 actual/365
Offering date (auction) July 10, 03 June 4, 03
Settlement date July 10, 03 June 4, 03
Circulation start date July 10, 03 June 4, 03
Maturity date Jan 8, 04 Dec 3, 03
Days in circulation 182 days 182 days
Planned volume, KZT m 500.0 500.0
Number of participants - Primary agents 12 10
Demand, KZT m 11 046.6 11,216.3
WA yield on demand, % APR 5.44 5.54
Actual volume, KZT m 10 507.1 6,108.7
Cut-off price, KZT 97.37 97.35
WA price, KZT 97.37 97.35
Maximum yield, % APR 5.42 5.54
Weighted average yield, % APR 5.42 5.46
Effective WA yield, % APR 5.49 5.53
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Relative to the previous successful notes offering (KZW1KD778325, notes-
77 dated July 9, 03) demand increased by KZT2,777.4 m (1.3 times), actual
volume of satisfied bids - by KZT3,334.3 m (1.5 times), bonds' yield in
effective expression increased from 5.38% APR to the figure, which is shown
in the table.
[2003-07-10]