National Bank's notes-245 of #865th issue - floatation results

/IRBIS, October 17, 03/ - Today the National Bank of Kazakhstan (NBK) held the 865th auction for floatation of notes with KZT100 par value and 245-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 and comparison with previous similar issue. ----------------------------------------------------------------- Type of the securities Notes-245 Notes-245 NIN KZW1KW358655 KZW1KW358648 KASE trade code NTK865.245 NTK864.245 IRBIS registration number 865/n 864/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Oct 17, 03 Oct 15, 03 Payment date Oct 17, 03 Oct 15, 03 Circulation start date Oct 17, 03 Oct 15, 03 Maturity date Jun 18, 04 Jun 16, .04 Days in circulation 245 245 Planned volume, KZT m 1,000.00 1,000.0 Number of participants - Primary agents 10 (+6) Demand, KZT m 1,856.5 (+1,011.5) WA yield on demand, % APR 5.23 (0) Actual volume, KZT m 1,669.3 (+1,120.9) Cut-off price, KZT 96.73 (,0) WA price, KZT 96.73 (,0) Maximum yield, % APR 5.04 (,0) Weighted average yield, % APR 5.04 (,0) Effective WA yield, % APR 5.04 (,0) ----------------------------------------------------------------- [2003-10-17]