National Bank's notes-364 of 909th issue - floatation results

/IRBIS, Sergey Yakovlev, March 26, 04/ - Today the National Bank of Kazakhstan (NBK) held the 909th 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 KZW1KW529099 KZW1KW529065 KASE trade code NTK364_0909 NTK364_0906 IRBIS registration number 909/n 906/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Mar 26, 04 Mar 12,04 Payment date Mar 26, 04 Mar 12,04 Circulation start date Mar 26, 04 Mar 12,04 Maturity date Mar 25, 05 Mar 11,05 Days in circulation 364 364 Planned volume, KZT m 1,000.00 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 14 (+1) Demand, KZT m 10,402.8 (+164.7) WA yield on demand, % APR 5.20 (+0.08) Actual volume, KZT m 9,423.4 (+710.1) Cut-off price, KZT 95.18 (0) WA price, KZT 95.18 (0) Maximum yield, % APR 5.08 (0) Weighted average yield, % APR 5.08 (0) Effective WA yield, % APR 5.08 (0) ----------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW269084, notes- 182 on March 19, 04) demand ups by KZT4,846.3 m (1.9 times), actual volume of satisfied bids - by KZT5,106.7 m (2.2 times), effective yield of notes went up from 4.99%APR to the value indicated in the table. [2004-03-26]