National Bank's notes-301 of 884th issue - floatation results

/IRBIS, December 26, 03/ - Today the National Bank of Kazakhstan (NBK) held the 884th auction for floatation of short-term notes. The auction was conducted with additional floatation, realized during the day. Following is complete results of floatation. ------------------------------------------------------------------- Type of the securities Notes-301 Notes-301 NIN KZW1KW438846 KZW1KW438820 KASE trade code NTK884.301 NTK882.301 IRBIS registration number 884/n 882/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Dec 26, 03 Dec 22, 03 Payment date Dec 26, 03 Dec 22, 03 Circulation start date Dec 26, 03 Dec 22, 03 Maturity date Dec 22, 04 Oct 18, 04 Days in circulation 301 301 Planned volume, KZT m 1 000.00 1,000.00 Limits on uncompetitive, % 50 50 Number of participants - Primary agents 13 8 Demand, KZT m 12,244.1 1,530.1 WA yield on demand, % APR 5.11 5.29 Actual volume, KZT m 10 308.0 968.0 Cut-off price, KZT 96.00 96.00 WA price, KZT 96.00 96.00 Maximum yield, % APR 5.05 5.05 Weighted average yield, % APR 5.05 5.05 Effective WA yield, % APR 5.05 5.05 ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW288837, notes- 301 dated December 25, 03) demand increased by KZT9,210.6 mn (4 times), actual volume of satisfied bids - by KZT9,251.0 mn (9.8 times), effective yield of notes increased from 4.95% APR to the value shown in the table. [2003-12-26]