/SUPPLEMENTED/ National Bank's notes-238 of #868th issue - floatation results

/IRBIS, October 31, 03, supplemented with data about securities purchasing by primary agents and their clients / - On October 30 of 2003 the National Bank of Kazakhstan (NBK) held the 868th auction for floatation of notes with KZT100 par value and 238-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. Notes with such circulation terms are issued for the first time. ----------------------------------------------------- Type of the securities Notes-238 NIN KZW1KW348680 KASE trade code NTK868.238 IRBIS registration number 868/n Par value, KZT 100.00 Time basis actual/365 Offering date (auction) Oct 30, 03 Payment date Oct 30, 03 Circulation start date Oct 30, 03 Maturity date Jun 24, 04 Days in circulation 238 Planned volume, KZT m 1,000.00 Number of participants - Primary agents 10 Demand, KZT m 2,562.8 WA yield on demand, % APR 5.38 Actual volume, KZT m 2,257.7 inc. purchased by PA 263.0 inc. purchased by clients of PA 1,994.7 Cut-off price, KZT 96.83 WA price, KZT 96.83 Maximum yield, % APR 5.02 Weighted average yield, % APR 5.02 Effective WA yield, % APR 5.02 ----------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW208678, notes- 140 dated October 24, 03) the demand decreased by KZT445.3 m (by 14,8%), actual volume of satisfied bids -by KZT0.6 m (by 0.03%), effective yield arose from 4.86%APR to the value shown in the table. [2003-10-31]