National Bank's notes-182 of #848th issue - floatation results

/IRBIS, August 22, 03/ - Today the National Bank of Kazakhstan (NBK) held the 848th auction for floatation of notes with KZT100 par value and 182-day circulation term. Size of noncompetitive bids satisfaction is 50% of specified volume. The auction was conducted with additional floatation, realized during the day. Following are complete data of offering. ----------------------------------------------------------------- Type of the securities Notes-182 Notes-182 NIN KZW1KW268482 KZW1KW268433 KASE trade code NTK848.182 NTK843.182 IRBIS registration number 848/n 843/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Aug 22, 03 Aug 5, 03 Settlement date Aug 22, 03 Aug 5, 03 Circulation start date Aug 22, 03 Aug 5, 03 Maturity date Feb 20, 04 Feb 3, 04 Days in circulation 182 days 182 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 8 (- 3) Demand, KZT m 3,553.5 (- 12,738.5) WA yield on demand, % APR 5.29 (+ 0.08) Actual volume, KZT m 3,428.8 (- 7,182.3) Cut-off price, KZT 97.51 (+ 0.04) WA price, KZT 97.51 (+ 0.04) Maximum yield, % APR 5.12 (- 0.09) Weighted average yield, % APR 5.12 (- 0.09) Effective WA yield, % APR 5.19 (- 0.09) ----------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW398479, notes- 273 dated August 20, 03) demand increased by KZT722.8 m (1.3 times), actual volume of satisfied bids - by KZT809.5 m (1.3 times), bonds' yield in effective expression increased from 5.08% APR to the figure, which is shown in the table. [2003-08-22]