National Bank's notes-154 of #849th issue - floatation results

/IRBIS, August 27, 03/ - Today the National Bank of Kazakhstan (NBK) held the 849th auction for floatation of notes with KZT100 par value and 154-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-154 Notes-154 NIN KZW1KW228494 KZW1KW228460 KASE trade code NTK849.154 NTK846.154 IRBIS registration number 849/n 846/n Par value, KZT 100,00 100.00 Time basis actual/365 actual/365 Offering date (auction) Aug 27, 03 Aug 15, 03 Settlement date Aug 27, 03 Aug 15, 03 Circulation start date Aug 27, 03 Aug 15, 03 Maturity date Jan 28, 04 Jan 16, 04 Days in circulation 154 day 154 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 15 (+5) Demand, KZT m 3,725.7 (+791.0) WA yield on demand, % APR 5.08 (-17.76) Actual volume, KZT m 2,399.3 (-5,172.5) Cut-off price, KZT 97.97 (+0.03) WA price, KZT 97.97 (+0.03) Maximum yield, % APR 4.91 (-0.08) Weighted average yield, % APR 4.91 (-0.08) Effective WA yield, % APR 4.97 (-0.08) ------------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW268482, notes- 182 dated August 22, 03) demand increased by KZT172.2 mm (by 4.9%), actual volume of satisfied bids decreased by KZT1,029.6 m. (by 30.0%), bonds' yield in effective expression decreased from 5.19% APR to the figure shown in the table. [2003-08-27]