National Bank's notes-259 of 890th issue - floatation results

/IRBIS, Sergey Yakovlev, January 14, 04/ - Today the National Bank of Kazakhstan (NBK) held the 890th 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 comparative data against the issue of notes with the same circulation term (trends are in parentheses). ------------------------------------------------------------------- Type of the securities Notes-259 Notes-259 NIN KZW1KW378901 KZW1KW378786 KASE trade code NTK890.259 NTK878.259 IRBIS registration number 890/n 878/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Jan 14, 04 Dec 10, 03 Payment date Jan 14, 04 Dec 10, 03 Circulation start date Jan 14, 04 Dec 10, 03 Maturity date Sep 29, 04 Aug 25, 04 Days in circulation 259 259 Planned volume, KZT m 1,000.00 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 15 (+7) Demand, KZT m 7,716.1 (+5,901.8) WA yield on demand, % APR 5.07 (-0.06) Actual volume, KZT m 7,042.6 (+5,430.6) 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) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW408897, notes- 280 dated January 8, 04 issue #889) demand decreased by KZT8,127.4 mn (2.1 times), actual volume of satisfied bids - by KZT7,790.7 mn (2.1 times), effective yield of notes have not changed. [2004-01-14]