National Bank's notes-105 of #842nd issue - floatation results

/IRBIS, July 31, 03/ - Today the National Bank of Kazakhstan (NBK) held the 842nd auction for floatation of notes with KZT100 par value and 105-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-105 Notes-105 NIN KZW1KW158428 KZW1KW158188 KASE trade code NTK842.105 NTK818.105 IRBIS registration number 842/n 818/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) July 31, 03 June 10, 03 Settlement date July 31, 03 June 10, 03 Circulation start date July 31, 03 June 10, 03 Maturity date November 13, 03 September 23, 03 Days in circulation 105 days 105 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 9 (- 1) Demand, KZT m 3,982.1 (+ 1,102.1) WA yield on demand, % APR 5.19 (- 0.28) Actual volume, KZT m 3,784.2 (+ 1,101.5) Cut-off price, KZT 98.53 (+ 0.06) WA price, KZT 98.53 (+ 0.06) Maximum yield, % APR 5.19 (- 0.21) Weighted average yield, % APR 5.19 (- 0.21) Effective WA yield, % APR 5.28 (- 0.22) ------------------------------------------------------------------------ Relative to the previous successful notes offering (KZW1KW268409, notes- 182 dated July 29, 03) demand increased by KZT552.7 m (1.2 times), actual volume of satisfied bids - by KZT860.4 m (1.3 times), bonds' yield in effective expression decreased from 5.40% APR to the figure, which is shown in the table. [2003-07-31]