National Bank's notes-280 of #841st issue - floatation results

/IRBIS, August 1, 03/ - Today the National Bank of Kazakhstan (NBK) held the 841st auction for floatation of notes with KZT100 par value and 280-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 full results of offering. Notes with such circulation term are offer first. ----------------------------------------------------- Type of the securities Notes-280 NIN KZW1KW408419 KASE trade code NTK841.280 IRBIS registration number 841/n Par value, KZT 100.00 Time basis actual/365 Offering date (auction) Aug 1, 03 Settlement date Aug 1, 03 Circulation start date Aug 1, 03 Maturity date May 7, 04 Days in circulation 280 days Planned volume, KZT m 500.0 Number of participants - Primary agents 12 Demand, KZT m 12,489.3 WA yield on demand, % APR 5.36 Actual volume, KZT m 11,451.0 Cut-off price, KZT 96.06 WA price, KZT 96.06 Maximum yield, % APR 5.35 Weighted average yield, % APR 5.35 Effective WA yield, % APR 5.35 ----------------------------------------------------- Relative to the previous successful notes offering (KZW1KW158428, notes- 105 dated July 31, 03) demand increased by KZT8,507.2 m (3.1 times), actual volume of satisfied bids - by KZT7,666.8 m (3.0 times), bonds' yield in effective expression - from 5.28% APR to the figure, which is shown in the table. [2003-08-01]