National Bank's notes-364 of 903rd issue - floatation results

/IRBIS, Sergey Yakovlev, February 27, 04/ - Today the National Bank of Kazakhstan (NBK) held the 903rd auction on floatation of short-term notes. The auction was organized with additional floatation realized during the day. Following is complete results of floatation. ------------------------------------------------------------------- Type of the securities Notes-364 Notes-364 NIN KZW1KW529032 KZW1KW528794 KASE trade code NTK364_0903 NTK879.364 IRBIS registration number 903/n 879/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Feb 27, 04 Dec 12, 03 Payment date Feb 27, 04 Dec 12, 03 Circulation start date Feb 27, 04 Dec 12, 03 Maturity date Feb 25, 05 Dec 10, 04 Days in circulation 364 364 Planned volume, KZT m 1,000.00 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 13 (+3) Demand, KZT m 4,483.7 (-3,521.1) WA yield on demand, % APR 5.17 (+0.04) Actual volume, KZT m 4,182.0 (-3,605.6) Cut-off price, KZT 95.16 (0) WA price, KZT 95.16 (0) Maximum yield, % APR 5.10 (0) Weighted average yield, % APR 5.10 (0) Effective WA yield, % APR 5.10 (0) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW229021, notes- 154 on February 26, 04) demand fell by KZT983.0 m (1.22 times), actual volume of satisfied bids - by KZT709.3 m (1.17 times), effective yield of notes rose from 4.95%APR to the value indicated in the table. [2004-02-27]