National Bank's notes-224 of #851st issue - floatation results

/IRBIS, September 4, 03/ - Today the National Bank of Kazakhstan (NBK) held the 851st auction for floatation of notes with KZT100 par value and 224- 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-224 Notes-224 NIN KZW1KW328518 KZW1KW328369 KASE trade code NTK851.224 NTK836.224 IRBIS registration number 851/n 836/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Sep 4, 03 July 18, 03 Settlement date Sep 4, 03 July 18, 03 Circulation start date Sep 4, 03 July 18, 03 Maturity date Apr 15, 04 Feb 27, 04 Days in circulation 224 days 224 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 15 (+2) Demand, KZT m 10,506.8 (+3,113.3) WA yield on demand, % APR 5.04 (+0.35) Actual volume, KZT m 10,032.3 (+4,158.7) Cut-off price, KZT 97.01 (+0.18) WA price, KZT 97.01 (+0.18) Maximum yield, % APR 5.01 (-0.32) Weighted average yield, % APR 5.02 (-0.31) Effective WA yield, % APR 5.02 (-0.31) ------------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW308502, notes- 210 dated August 29, 03) demand increased by KZT4,873.2 m (1.87 times), actual volume of satisfied bids increased by KZT4,706.7 m (1.88 times), bonds' yield in effective expression increased from 5.01% APR to the figure, which shown in the table. [2003-09-04]