National Bank's notes-273 of #847th issue - floatation results

/IRBIS, August 20, 03/ - Today the National Bank of Kazakhstan (NBK) held the 847th 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 is complete data of offering. ------------------------------------------------------------------- Type of the securities Notes-273 Notes-273 NIN KZW1KW398479 KZW1KW398388 KASE trade code NTK847.273 NTK838.273 IRBIS registration number 847/n 838/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Aug 20, 03 July 24, 03 Settlement date Aug 20, 03 July 24, 03 Circulation start date Aug 20, 03 July 24, 03 Maturity date May 19, 04 Apr 22, 04 Days in circulation 273 days 273 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 14 (+1) Demand, KZT m 2,830.7 (-5,984.0) WA yield on demand, % APR 5.21 (-0.23) Actual volume, KZT m 2,619.4 (-5,631.8) Cut-off price, KZT 96.34 (+0.21) WA price, KZT 96.34 (+0.21) Maximum yield, % APR 5.08 (-0.30) Weighted average yield, % APR 5.08 (-0.30) Effective WA yield, % APR 5.08 (-0.30) ------------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW228460, notes- 154 dated August 15, 03) demand decreased by KZT103.9 m (by 3.5%), actual volume of satisfied bids - by KZT4,952.4 m (by 65.4%), bonds' yield in effective expression increased from 5.05% APR to the figure, which is shown in the table. [2003-08-20]