National Bank's notes-308 of 917th issue - floatation results

/IRBIS, Sergey Yakovlev, April 30, 04/ - Today the National Bank of Kazakhstan (NBK) held the 917th 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-308 Notes-308 NIN KZW1KW449173 KZW1KW449124 KASE trade code NTK308_0917 NTK308_0912 IRBIS registration number 917/n 912/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Apr 30, 04 Apr 8, 04 Payment date Apr 30, 04 Apr 8, 04 Circulation start date Apr 30, 04 Apr 8, 04 Maturity date Mar 4, 05 Feb 10, 05 Days in circulation 308 308 Planned volume, KZT m 1,000.0 ( 0) Limits on uncompetitive, % 50 ( 0) Number of participants - Primary agents 16 (+5) Demand, KZT m 11,870.0 (+841.6) WA yield on demand, % APR 5.08 (+0.03) Actual volume, KZT m 11,147.0 (+2 631.5) Cut-off price, KZT 95.99 (+0.06) WA price, KZT 95.94 (+0.01) Maximum yield, % APR 5.01 (-0.01) Weighted average yield, % APR 5.01 (-0.01) Effective WA yield, % APR 5.01 (-0.01) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW529156, notes- 364 on April 22, 04) demand fell by KZT2,277.2 m (1.19 times), actual volume of satisfied bids - by KZT1,887.9 m (1.17 times), effective yield of notes diminished from 5.02% to the value in the table. [2004-04-30]