National Bank's notes-364 of 911th issue - floatation results

/IRBIS, Sergey Yakovlev, April 2, 04/ - Today the National Bank of Kazakhstan (NBK) held the 911th 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 KZW1KW529115 KZW1KW529099 KASE trade code NTK364_0911 NTK364_0909 IRBIS registration number 911/n 909/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Apr 2, 04 Mar 26, 04 Payment date Apr 2, 04 Mar 26, 04 Circulation start date Apr 2, 04 Mar 26, 04 Maturity date Apr 1, 05 Mar 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 15 (+1) Demand, KZT m 12,790.2 (+2,387.4) WA yield on demand, % APR 5.08 (-0.12) Actual volume, KZT m 11,671.4 (+2,248.0) 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 (KZW1KW429100, notes- 294 on March 31, 04) demand ups by KZT5,800.3 m (1.8 times), actual volume of satisfied bids - by KZT4,927.8 m (1.7 times), effective yield of notes went up from 5.02%APR to the value indicated in the table. [2004-04-02]