National Bank's notes-329 of 892nd issue - floatation results

21.01.04 00:00
/IRBIS, January 21, 04/ - Today the National Bank of Kazakhstan (NBK) held the 892nd auction for floatation of short-term notes. The auction was conducted with additional floatation, realized during the day. Following is complete results of floatation. Notes with a given term to maturity are offered for the first time. ------------------------------------------------------------------- Type of the securities Notes-329 Notes-329 NIN KZW1KW478925 KZW1KW478867 KASE trade code NTK892.329 NTK886.329 IRBIS registration number 892/n 886/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Jan 21, 04 Dec 30, 03 Payment date Jan 21, 04 Dec 30, 03 Circulation start date Jan 21, 04 Dec 30, 03 Maturity date Dec 15, 04 Nov 23, 04 Days in circulation 329 329 Planned volume, KZT m 1,000.00 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 13 (+3) Demand, KZT m 12,522.5 (+10,481.3) WA yield on demand, % APR 5.12 (-0.02) Actual volume, KZT m 12,303.3 (+10,366.9) Cut-off price, KZT 95.63 (0) WA price, KZT 95.63 (0) Maximum yield, % APR 5.07 (0) Weighted average yield, % APR 5.07 (0) Effective WA yield, % APR 5.07 (0) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW448910, notes- 308 dated January 16, 04) demand increased by KZT6,555.5 m (2.1 times), actual volume of satisfied bids - by KZT6,552.4 m (2.1 times), effective yield of notes grew from 5.05%APR to the value shown in the table. [2004-01-21]