National Bank's notes-259 of 878th issue - floatation results

/IRBIS, December 10, 03/ - Today the National Bank of Kazakhstan (NBK) held the 878th auction for floatation of notes with KZT100 par value and 259- 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-259 Notes-259 NIN KZW1KW378786 KZW1KW378778 KASE trade code NTK878.259 NTK877.259 IRBIS registration number 878/n 877/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Dec 10, 03 Dec 5, 03 Payment date Dec 10, 03 Dec 5, 03 Circulation start date Dec 10, 03 Dec 5, 03 Maturity date Aug 25, 04 Aug 20, 04 Days in circulation 259 259 Planned volume, KZT m 1,000.00 ( 0) Number of participants - Primary agents 8 (-6) Demand, KZT m 1,814.3 (-2,868.1) WA yield on demand, % APR 5.13 (-0.10) Actual volume, KZT m 1,612.0 (-1,441.9) Cut-off price, KZT 96.57 ( 0) WA price, KZT 96.57 ( 0) Maximum yield, % APR 5.01 ( 0) Weighted average yield, % APR 5.01 ( 0) Effective WA yield, % APR 5.01 ( 0) ------------------------------------------------------------------- [2003-12-10]