National Bank's notes-364 of 876th issue - floatation results

/IRBIS, December 4, 03/ - Today the National Bank of Kazakhstan (NBK) held the 876th auction for floatation of notes with KZT100 par value and 364- 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 results of floatation and comparison with previous comparable auction. ----------------------------------------------------------------- Type of the securities Notes-364 Notes-364 NIN KZW1KW528760 KZW1KW528737 KASE trade code NTK876.364 NTK873.364 IRBIS registration number 873/n 873/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Dec 4, 03 Nov 13, 03 Payment date Dec 4, 03 Nov 13, 03 Circulation start date Dec 4, 03 Nov 13, 03 Maturity date Dec 2, 04 Nov 11, 04 Days in circulation 364 364 Planned volume, KZT m 1 000,00 ( 0) Number of participants - Primary agents 12 ( 0) Demand, KZT m 7,354.8 (+2,162.6) WA yield on demand, % APR 5.23 (+0.07) Actual volume, KZT m 6,173.9 (+1,300.9) Cut-off price, KZT 95.16 ( 0) WA price, KZT 95.16 ( 0) Maximum yield, % APR 5.10 ( 0) Weighted average yield, % APR 5.10 ( 0) Effective WA yield, % APR 5.10 ( 0) ----------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW398750, notes- 273 dated December 3, 03) demand decreased by KZT5,411.8 mn (1.7 times ), actual volume of satisfied bids - by KZT5,635.6 mn (1.9 times), effective yield of notes increased from 5.04% APR to the value shown in the table. [2003-12-04]