National Bank's notes-364 of 919th issue - floatation results

/IRBIS, Sergey Yakovlev, May 14, 04/ - Today the National Bank of Kazakhstan (NBK) held the 919th auction for floatation of notes. The auction was conducted with additional floatation, realized during the day. Following is complete results of floatation and comparison with previous relevant issue. ------------------------------------------------------------------- Type of the securities Notes-364 Notes-364 NIN KZW1KW529198 KZW1KW529156 KASE trade code NTK364_0919 NTK364_0915 IRBIS registration number 919/n 915/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) May 14, 04 Apr 22, 04 Payment date May 14, 04 Apr 22, 04 Circulation start date May 14, 04 Apr 22, 04 Maturity date May 13, 05 Apr 21, 05 Days in circulation 364 364 Planned volume, KZT m 1 000,0 ( 0) Limits on uncompetitive, % 50 ( 0) Number of participants - Primary agents 13 ( 0) Demand, KZT m 10,861.8 (-3,285.3) WA yield on demand, % APR 5.04 (+0.01) Actual volume, KZT m 8,670.7 (-4,364.2) Cut-off price, KZT 95.25 (+0.02) WA price, KZT 95.25 (+0.02) Maximum yield, % APR 5.00 (-0.02) Weighted average yield, % APR 5.00 (-0.02) Effective WA yield, % APR 5.00 (-0.02) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW399188, notes- 273 on April 7, 04, 917th - issue) demand fell by KZT4,000.6 m (1.4 times), actual volume of satisfied bids - by KZT3,856.5 m (1.4 times), effective yield of notes rose from 4.98%APR to the value indicated in the table. [2004-05-14]