National Bank's notes-154 of #834th issue - floatation results

/IRBIS, July 11, 03/ - Today the National Bank of Kazakhstan (NBK) held the 834th 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 KZW1KW228346 KZW1KW228270 KASE trade code NTK834.154 NTK827.154 IRBIS registration number 834/n 827/n Par value, KZT 100,00 100.00 Time basis actual/365 actual/365 Offering date (auction) July 11, 03 June 27, 03 Settlement date July 11, 03 June 27, 03 Circulation start date July 11, 03 June 27, 03 Maturity date Dec 12, 03 November 28, 03 Days in circulation 154 day 154 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 11 (+2) Demand, KZT m 10 224.1 (-1 014.2) WA yield on demand, % APR 5.36 (-0.07) Actual volume, KZT m 9 997.3 (-1 034.2) Cut-off price, KZT 97.79 (+0.03) WA price, KZT 97.79 (+0.03) Maximum yield, % APR 5.36 (-0.07) Weighted average yield, % APR 5.36 (-0.07) Effective WA yield, % APR 5.43 (-0.07) -------------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW268334, notes- 182 dated July 10, 03) demand decreased by KZT822.5 m (1.08 times), actual volume of satisfied bids - by KZT509.8 m (1.05 times), bonds' yield in effective expression - from 5.49% APR to the figure shown in the table. [2003-07-11]