National Bank's notes-273 of #852nd issue - floatation results

/IRBIS, September 5, 03/ - Today the National Bank of Kazakhstan (NBK) held the 852nd 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 KZW1KW398529 KZW1KW398479 KASE trade code NTK852.273 NTK847.273 IRBIS registration number 852/n 847/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Sep 5, 03 Aug 20, 03 Settlement date Sep 5, 03 Aug 20, 03 Circulation start date Sep 5, 03 Aug 20, 03 Maturity date June 4, 04 May 19, 04 Days in circulation 273 days 273 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 5 (-9) Demand, KZT m 983.3 (-1,847.4) WA yield on demand, % APR 5.12 (-0.09) Actual volume, KZT m 885.4 (-1,734.0) Cut-off price, KZT 96.00 (-0.34) WA price, KZT 96.34 ( 0) Maximum yield, % APR 5.57 (+0.49) Weighted average yield, % APR 5.08 ( 0) Effective WA yield, % APR 5.08 ( 0) ------------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW328518, notes- 224 dated September 4, 03) demand decreased by KZT9,523.5 m (10.7 times), actual volume of satisfied bids - by KZT9,146.9 m (11.3 times), bonds' yield in effective expression increased from 5.02% APR to the figure, which shown in the table. [2003-09-05]