National Bank's notes-336 of 914th issue - floatation results
15.04.04 19:05
/IRBIS, Sergey Yakovlev, April 15, 04/ - Today the National Bank of
Kazakhstan (NBK) held the 914th 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.
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Type of the securities Notes-336
NIN KZW1KW489146
KASE trade code NTK336_0914
IRBIS registration number 914/n
Par value, KZT 100.00
Time basis actual/365
Offering date (auction) April 15, 04
Payment date April 15, 04
Circulation start date April 15, 04
Maturity date March 17, 05
Days in circulation 336
Planned volume, KZT m 1 000.00
Limits on uncompetitive, % 50
Number of participants - Primary agents 12
Demand, KZT m 7,396.1
WA yield on demand, % APR 5.09
Actual volume, KZT m 6,377.2
Cut-off price, KZT 95.58
WA price, KZT 95.58
Maximum yield, % APR 5.02
Weighted average yield, % APR 5.02
Effective WA yield, % APR 5.02
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Relative to previous successful floatation of notes (KZW1KW529131, notes-
364 on April 9, 04) demand grew by KZT2,723.5 m (1.6 times), actual
volume of satisfied bids - by KZT3,203.9 m (2.0 times), effective yield of
notes went up from 5.04%APR to the value indicated in the table.
[2004-04-15]