National Bank's notes-98 of 933rd issue - floatation results

/IRBIS, Sergey Yakovlev, July 29, 04/ - Today the National Bank of Kazakhstan (NBK) held the 933rd auction on floatation of short-term notes. The auction was organized with additional floatation realized during the day. Following is complete results of floatation. ----------------------------------------------------------------- Type of the securities Notes-98 Notes-98 NIN KZW1KD989336 KZW1KD988262 KASE trade code NTK098_0933 NTK826.098 IRBIS registration number 933/n 826/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) 29.07.04 25.06.03 Payment date 29.07.04 25.06.03 Circulation start date 29.07.04 25.06.03 Maturity date 04.11.04 01.10.03 Days in circulation 98 98 Planned volume, KZT m 1 000.0 (+500.0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 16 (+3) Demand, KZT m 4 166.4 (-3 313.5) WA yield on demand, % APR 4.22 (-1.19) Actual volume, KZT m 2 751.5 (-3 681.8) Cut-off price, KZT 99.14 (+0.57) WA price, KZT 99.14 (+0.57) Maximum yield, % APR 3.23 (-2.17) Weighted average yield, % APR 3.23 (-2.17) Effective WA yield, % APR 3.27 (-2.23) ----------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW469320, notes- 322 on July 23, 04) demand grew by KZT 2,406.5 m (2.4 times), actual volume of satisfied bids - by KZT 2,042.9 m (3.9 times), effective yield of notes fell from 3.92%APR to the value indicated in the table. [2004-07-29]