National Bank's notes-266 of 881st issue - floatation results

/IRBIS, December 19, 03/ - Today the National Bank of Kazakhstan (NBK) held the 881st 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-266 NIN KZW1KW388819 KASE trade code NTK881.266 IRBIS registration number 881/n Par value, KZT 100.00 Time basis actual/365 Offering date (auction) Dec 19, 03 Payment date Dec 19, 03 Circulation start date Dec 19, 03 Maturity date Sep 10, 04 Days in circulation 266 Planned volume, KZT m 1,000.00 Number of participants - Primary agents 10 Demand, KZT m 8,121.5 WA yield on demand, % APR 5.21 Actual volume, KZT m 5,002.9 Cut-off price, KZT 96.47 WA price, KZT 96.47 Maximum yield, % APR 5.02 Weighted average yield, % APR 5.02 Effective WA yield, % APR 5.02 ----------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW528794, notes- 364 dated December 12, 03) demand increased by KZT116.7 mn (by 1.5%), actual volume of satisfied bids - by KZT2,784.8 mn (by 35.8%), effective yield of notes decreased from 5.10% APR to the value shown in the table. [2003-12-19]