National Bank's notes-273 of 894th issue - floatation results

/IRBIS, Sergey Yakovlev, January 28, 04/ - Today the National Bank of Kazakhstan (NBK) held the 894th auction for floatation of notes with KZT100 par and 273 day circulation term. The auction was conducted with additional floatation, realized during the day. Following is complete results of floatation and comparison to previous relevant issue. ------------------------------------------------------------------- Type of the securities Notes-273 Notes-273 NIN KZW1KW398941 KZW1KW398750 KASE trade code NTK894.273 NTK875.273 IRBIS registration number 894/n 875/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Jan 28, 04 Dec 12, 03 Payment date Jan 28, 04 Dec 12, 03 Circulation start date Jan 28, 04 Dec 12, 03 Maturity date Jan 27, 04 Sep 1, 04 Days in circulation 273 273 Planned volume, KZT m 1,000.00 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 12 (-2) Demand, KZT m 5,379.7 (-7 386.9) WA yield on demand, % APR 5.09 (-0.03) Actual volume, KZT m 5,168.9 (-6 640.7) Cut-off price, KZT 96.37 (0) WA price, KZT 96.37 (0) Maximum yield, % APR 5.04 (0) Weighted average yield, % APR 5.04 (0) Effective WA yield, % APR 5.04 (0) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW258939, notes- 175 on January 23, 04) demand went up by KZT1,314.8 m (1.3 times), actual volume of satisfied bids - by KZT2,202.3 m (1.7 times), effective yield of notes increased from 4.99%APR to the value indicated in the table. [2004-01-28]