National Bank's notes-364 of 879th issue - floatation results

/IRBIS, December 12, 03/ - Today the National Bank of Kazakhstan (NBK) held the 879th auction for floatation of short-term notes 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 KZW1KW528794 KZW1KW528760 KASE trade code NTK879.364 NTK876.364 IRBIS registration number 879/n 873/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Dec 12, 03 Dec 4, 03 Payment date Dec 12, 03 Dec 4, 03 Circulation start date Dec 12, 03 Dec 4, 03 Maturity date Dec 10, 04 Dec 2, 04 Days in circulation 364 364 Planned volume, KZT m 1 000.00 (,0) Limit on uncompetitive bids, % 50 (,0) Number of participants - Primary agents 10 (-2) Demand, KZT m 8,004.8 (+650.1) WA yield on demand, % APR 5.13 (-0.10) Actual volume, KZT m 7,787.7 (+1,613.7) 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 (KZW1KW378786, notes- 259 dated December 12, 03) demand increased by KZT6,190.5 mn (4.4 times ), actual volume of satisfied bids - by KZT6,175.7 mn (4.8 times), effective yield of notes increased from 5.01% APR to the value shown in the table. [2003-12-12]