National Bank's notes-364 of 906th issue - floatation results

/IRBIS, Sergey Yakovlev, March 12, 04/ - Today the National Bank of Kazakhstan (NBK) held the 906th auction for floatation of short-term notes. The auction was organized with additional floatation realized during the day. Following is complete results of floatation and comparison with previous comparable issue. ----------------------------------------------------------------- Type of the securities Notes-364 Notes-364 NIN KZW1KW529065 KZW1KW529032 KASE trade code NTK364_0906 NTK364_0903 IRBIS registration number 906/n 903/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Mar 12, 04 Feb 27, 04 Payment date Mar 12, 04 Feb 27, 04 Circulation start date Mar 12, 04 Feb 27, 04 Maturity date Mar 11, 05 Feb 25, 05 Days in circulation 364 364 Planned volume, KZT m 1,000.00 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 13 (0) Demand, KZT m 10,238.1 (+5,754.3) WA yield on demand, % APR 5.12 (-0.05) Actual volume, KZT m 8,713.3 (+4,531.3) Cut-off price, KZT 95.18 (+0.02) WA price, KZT 95.18 (+0.02) Maximum yield, % APR 5.08 (-0.02) Weighted average yield, % APR 5.08 (-0.02) Effective WA yield, % APR 5.08 (-0.02) ----------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW479055, notes- 329 on March 4, 04) demand rose by KZT5,565.8 m (2.2 times), actual volume of satisfied bids - by KZT4,326.1 m (2.0 times), effective yield of notes rose from 5.07%APR to the value indicated in the table. [2004-03-12]