National Bank's notes-175 of 935th issue - floatation results

/IRBIS, Sergey Yakovlev, August 6, 04/ - Today the National Bank of Kazakhstan (NBK) held the 935th auction for floatation of short-term 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 security Notes-175 Notes-175 NIN KZW1KW259358 KZW1KW259234 KASE trade code NTK175_0935 NTK175_0923 IRBIS registration number 935/n 923/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Aug 6, 04 Jun 4, 04 Payment date Aug 6, 04 Jun 4, 04 Circulation start date Aug 6, 04 Jun 4, 04 Maturity date Jan 28, 05 Nov 26, 04 Days in circulation 175 175 Planned volume, KZT m 1,000.0 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 13 (-1) Demand, KZT m 9,288.1 (-3,972.6) WA yield on demand, % APR 3.91 (-1.00) Actual volume, KZT m 8,715.6 (-3,352.8) Cut-off price, KZT 98.36 (+0.65) WA price, KZT 98.36 (+0.65) Maximum yield, % APR 3.48 (-1.41) Weighted average yield, % APR 3.48 (-1.41) Effective WA yield, % APR 3.51 (-1.44) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KD429341, notes- 42 dated July 30, 04) demand decreased by KZT236.4 m (2.5%), actual volume of satisfied bids increased by KZT1,034.1 m (13.0%), effective yield of notes increased from 3.00%APR to the value indicated in the table. [2004-08-06]