National Bank's notes-147 of #839th issue - floatation results
25.07.03 00:00
/IRBIS, July 25, 03/ - Today the National Bank of Kazakhstan (NBK) held the
839th auction for floatation of notes with KZT100 par value and 147-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. Notes with such circulation term are
offered first
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Type of the securities Notes-147
NIN KZW1KW218396
KASE trade code NTK839.147
IRBIS registration number 839/n
Par value, KZT 100,00
Time basis actual/365
Offering date (auction) July 25, 03
Settlement date July 25, 03
Circulation start date July 25, 03
Maturity date Dec 19, 03
Days in circulation 147 day
Planned volume, KZT m 500.0
Number of participants - Primary agents 9
Demand, KZT m 10,076.6
WA yield on demand, % APR 5.38
Actual volume, KZT m 6,593.1
Cut-off price, KZT 97.91
WA price, KZT 97.91
Maximum yield, % APR 5.30
Weighted average yield, % APR 5.30
Effective WA yield, % APR 5.37
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Relative to the previous successful notes offering (KZW1KW398388, notes-
273 dated July 24, 03) demand increased by KZT1,262.0 m (1.1 times),
actual volume of satisfied bids decreased by KZT1,658.1 m (1.3 times),
bonds' yield in effective expression decreased from 5.38% APR to the figure
shown in the table.
[2003-07-25]