National Bank's notes-273 of 930th issue - floatation results

/IRBIS, Sergey Yakovlev, July 14, 04/ - Today the National Bank of Kazakhstan (NBK) held the 930th 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-273 Notes-273 NIN KZW1KW399303 KZW1KW399212 KASE trade code NTK273_0930 NTK273_0921 IRBIS registration number 930/n 921/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) July 14, 04 May 20, 04 Payment date July 14, 04 May 20, 04 Circulation start date July 14, 04 May 20, 04 Maturity date Apr 13, 05 Feb 17, 05 Days in circulation 273 273 Planned volume, KZT m 1 000.0 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 12 (+4) Demand, KZT m 6 196.9 (+4 074.1) WA yield on demand, % APR 4.06 (-0.93) Actual volume, KZT m 3 452.3 (+2 430.1) Cut-off price, KZT 97.25 (+0.82) WA price, KZT 97.25 (+0.82) Maximum yield, % APR 3.78 (-1.17) Weighted average yield, % APR 3.78 (-1.17) Effective WA yield, % APR 3.78 (-1.17) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KD359290, notes- 35 on July 9, 04, 929th - issue) demand fell by KZT 3,088.6 m (1.5 times), actual volume of satisfied bids - by KZT 2,273.7 m (1.7 times), effective yield of notes rose from 2.97%APR to the value indicated in the table. [2004-07-14]