National Bank's notes-273 of #838th issue - floatation results

/IRBIS, July 24, 03/ - Today the National Bank of Kazakhstan (NBK) held the 838th auction for floatation of notes with KZT100 par value and 273-day circulation. 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-273 Notes-273 NIN KZW1KW398388 KZW1KW398164 KASE trade code NTK838.273 NTK816.273 IRBIS registration number 838/n 816/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) July 24, 03 June 5, 03 Settlement date July 24, 03 June 5, 03 Circulation start date July 24, 03 June 5, 03 Maturity date Apr 22, 04 Mar 4, 04 Days in circulation 273 days 273 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 13 (+2) Demand, KZT m 8,814.7 (+3,030.2) WA yield on demand, % APR 5.44 (-0.19) Actual volume, KZT m 8,251.2 (+2,836.3) Cut-off price, KZT 96.13 (+0.07) WA price, KZT 96.13 (+0.07) Maximum yield, % APR 5.38 (-0.10) Weighted average yield, % APR 5.38 (-0.10) Effective WA yield, % APR 5.38 (-0.10) ----------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW328369, notes- 224 dated July 18, 03) demand increased by KZT1,421.1 m (1.2 times), actual volume of satisfied bids - by KZT2,377.6 m (1.4 times), bonds' yield in effective expression increased from 5.53% APR to the figure, which is shown in the table. [2003-07-24]