National Bank's notes-182 of 888th issue - floatation results

/IRBIS, Sergey Yakovlyev, January 7, 04/ - Today the National Bank of Kazakhstan (NBK) held the 888th 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-182 Notes-182 NIN KZW1KW268888 KZW1KW268482 KASE trade code NTK888.182 NTK848.182 IRBIS registration number 888/n 848/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Jan 7, 04 Aug 22, 03 Payment date Jan 7, 04 Aug 22, 03 Circulation start date Jan 7, 04 Aug 22, 03 Maturity date Jul 7, 04 Feb 20, 04 Days in circulation 182 182 Planned volume, KZT m 1,000.00 (+500.0) Limits on uncompetitive, % 50 ( 0) Number of participants - Primary agents 17 (+9) Demand, KZT m 8,721.9 (+5,168.4) WA yield on demand, % APR 5.02 (-0.27) Actual volume, KZT m 7,668.4 (+4,239.6) Cut-off price, KZT 97.59 (+0.08) WA price, KZT 97.59 (+0.08) Maximum yield, % APR 4.95 (-0.17) Weighted average yield, % APR 4.95 (-0.17) Effective WA yield, % APR 5.01 (-0.17) ----------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW478867, notes- 329 dated December 30, 03 issue #886) demand increased by KZT6,680.6 mn (4.3 times), actual volume of satisfied bids - by KZT5,732.0 mn (4.0 times), effective yield of notes decreased from 5.07% APR to the value shown in the table. [2004-01-07]