National Bank's notes-224 of #855th issue - floatation results

/IRBIS, September 15, 03/ - Today the National Bank of Kazakhstan (NBK) held the 855th auction for floatation of notes with KZT100 par value and 224- 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-224 Notes-224 NIN KZW1KW328559 KZW1KW328518 KASE trade code NTK855.224 NTK851.224 IRBIS registration number 855/n 851/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Sep 15, 03 Sep 4, 03 Settlement date Sep 15, 03 Sep 4, 03 Circulation start date Sep 15, 03 Sep 4, 03 Maturity date April 26, 04 April 15, 04 Days in circulation 224 days 224 days Planned volume, KZT m 500.0 500.0 Number of participants - Primary agents 7 (-8) Demand, KZT m 1,471.0 (-9,035.8) WA yield on demand, % APR 5.16 (+0.12) Actual volume, KZT m 1,219.0 (-8,813.2) Cut-off price, KZT 97.01 ( 0) WA price, KZT 97.01 ( 0) Maximum yield, % APR 5.02 ( 0) Weighted average yield, % APR 5.02 ( 0) Effective WA yield, % APR 5.02 ( 0) ------------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW378547, notes- 259 dated September 12, 03) demand decreased by KZT3,353.0 m (3.3 times), actual volume of satisfied bids - by KZT2,381.9 m (3.0 times), bonds' yield in effective expression - from 5.05% APR to the figure, which shown in the table. [2003-09-15]