National Bank's notes-252 of 945th emission - floatation results

/IRBIS, Elena Korpusenko, October 8, 04/ - Today the National Bank of Kazakhstan (NBK) held the 945th 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-252 Notes-252 NIN KZW1KW369454 KZW1KW369397 KASE trade code NTK252_0945 NTK252_0939 IRBIS registration number 945/n 924/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Oct 8, 04 Aug 25, 04 Payment date Oct 8, 04 Aug 25, 04 Circulation start date Oct 8, 04 Aug 25, 04 Maturity date Jun 16, 05 May 04, 05 Days in circulation 252 252 Planned volume, KZT m 1,000.0 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 12 (+4) Demand, KZT m 10,520.0 (+5,906.4) WA yield on demand, % APR 3.73 (-0.20) Actual volume, KZT m 7,509.9 (+4,689.5) Cut-off price, KZT 97.56 (+0.05) WA price, KZT 97.56 (+0.05) Maximum yield, % APR 3.62 (-0.08) Weighted average yield, % APR 3.62 (-0.08) Effective WA yield, % APR 3.62 (-0.08) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW379446, notes- 259 dated September 30, 04) demand increased by KZT 5,921.6 m (2,3 times), actual volume of satisfied bids increased by KZT 4,280.3 m (2,3 times), effective yield of notes decreased from 3.64% APR to the value indicated in the table. [2004-10-08]