National Bank's notes-273 of #862nd issue - floatation results

/IRBIS, October 7, 03/ - Today the National Bank of Kazakhstan (NBK) held the 862nd 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 on floatation results. ------------------------------------------------------------------- Type of the securities Notes-273 Notes-273 NIN KZW1KW398628 KZW1KW398529 KASE trade code NTK862.273 NTK852.273 IRBIS registration number 862/n 852/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Oct 7, 03 Sep 5, 03 Payment date Oct 7, 03 Sep 5, 03 Circulation start date Oct 7, 03 Sep 5, 03 Maturity date Jul 6, 04 Jun 4, 04 Days in circulation 273 days 273 days Planned volume, KZT m 1,000.0 500.0 Number of participants - Primary agents 10 (+5) Demand, KZT m 2,184.2 (+1 200.8) WA yield on demand, % APR 5.32 (+0.20) Actual volume, KZT m 1,783.2 (+897.9) Cut-off price, KZT 96.34 (+0.34) WA price, KZT 96.34 ( 0) Maximum yield, % APR 5.08 (-0.49) Weighted average yield, % APR 5.08 ( 0) Effective WA yield, % APR 5.08 ( 0) ------------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KW308619, notes- 210 dated October 3, 03) demand has risen by KZT1,096.2 m (2.0 times), actual volume of satisfied bids - by KZT1,291.6 m (3.6 times), bonds' yield in effective expression increased from 4.99% APR to the figure, which shown in the table. [2003-09-07]