National Bank's notes-189 of #853ieth issue - floatation results

/IRBIS, September 10, 03/ - Today the National Bank of Kazakhstan (NBK) held the 853ieth auction for floatation of notes with KZT100 par value and 189-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. Notes with such circulation term are offered for the first time. ------------------------------------------------------------------- Type of the securities Notes-210 Notes-210 NIN KZW1KW278531 KZW1KW278440 KASE trade code NTK853.189 NTK844.189 IRBIS registration number 853/n 844/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Sep 10. 03 Aug 7. 03 Settlement date Sep 10. 03 Aug 7. 03 Circulation start date Sep 10. 03 Aug 7. 03 Maturity date 17.03.04 12.02.04 Days in circulation 189 day 189 day Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 12 (+ 1) Demand, KZT m 9,574.8 (+ 5,276.0) WA yield on demand, % APR 5.03 (- 0.21) Actual volume, KZT m 8,338.5 (+ 5,061.9) Cut-off price, KZT 97.47 (+ 0.04) WA price, KZT 97.47 (+ 0.04) Maximum yield, % APR 5.01 (- 0.08) Weighted average yield, % APR 5.01 (- 0.08) Effective WA yield, % APR 5.01 (- 0.08) ------------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW398529, notes- 273 dated September 5, 03) demand increased by KZT4,292.6.0 m. (5.4 times), actual volume of satisfied bids - by KZT4,176.5 m. (5.7 times), bonds' yield in effective expression decreased from 5.08% APR to the figure, which is shown in the table. [2003-09-10]