National Bank's notes-364 of 937th issue - floatation results

/IRBIS, Sergey Yakovlev, August 13, 04/ - Today the National Bank of Kazakhstan (NBK) held the 937th 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-364 Notes-364 NIN KZW1KW529370 KZW1KW529198 KASE trade code NTK364_0937 NTK364_0919 IRBIS registration number 937/n 919/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Aug 13, 04 May 14, 04 Payment date Aug 13, 04 May 14, 04 Circulation start date Aug 13, 04 May 14, 04 Maturity date Apr 12, 05 May 13, 05 Days in circulation 364 364 Planned volume, KZT m 1 000.0 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 16 (+3) Demand, KZT m 8 884.3 (-1 977.5) WA yield on demand, % APR 4.25 (-0.79) Actual volume, KZT m 7 283.0 (-1 387.6) Cut-off price, KZT 96.16 (+0.91) WA price, KZT 96.16 (+0.91) Maximum yield, % APR 4.00 (-1.00) Weighted average yield, % APR 4.00 (-1.00) Effective WA yield, % APR 4.00 (-1.00) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW349365, notes- 238 dated August 12, 04) demand increased by KZT 4,165.1 m (1.9 times), actual volume of satisfied bids by KZT 4,113.9 m (2.3 times), effective yield of notes increased from 3.67%APR to the value indicated in the table. [2004-08-13]