National Bank's notes-182 of #840ieth issue - floatation results
29.07.03 00:00
/IRBIS, July 29, 03/ - Today the National Bank of Kazakhstan (NBK) held the
840ieth 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 KZW1KW268409 KZW1KW268334
KASE trade code NTK840.182 NTK833.182
IRBIS registration number 840/n 833/n
Par value, KZT 100.00 100.00
Time basis actual/365 actual/365
Offering date (auction) July 29, 03 July 10, 03
Settlement date July 29, 03 July 10, 03
Circulation start date July 29, 03 July 10, 03
Maturity date Jan 27, 04 Jan 8, 04
Days in circulation 182 days 182 days
Planned volume, KZT m 500.0 500.0
Number of participants - Primary agents 12 ( 0)
Demand, KZT m 3,429.5 (- 7,617.1)
WA yield on demand, % APR 5.44 ( 0)
Actual volume, KZT m 2,923.8 (+ 4,398.3)
Cut-off price, KZT 97.41 (+ 0.04)
WA price, KZT 97.41 (+ 0.04)
Maximum yield, % APR 5.33 (- 0.09)
Weighted average yield, % APR 5.33 (- 0.09)
Effective WA yield, % APR 5.40 (- 0.09)
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Relative to the previous successful notes offering (KZW1KW218396, notes-
147 dated July 25, 03) demand decreased by KZT6,647.2 m (2.9 times),
actual volume of satisfied bids - by KZT3,669.3 m (2.3 times), bonds' yield in
effective expression increased from 5.37% APR to the figure, which is shown
in the table.
[2003-07-29]