National Bank's notes-329 of 948th emission - floatation results

/IRBIS, Sergey Yakovlev, October 29, 04/ - Today the National Bank of Kazakhstan (NBK) held the 948th 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-329 Notes-329 NIN KZW1KW479485 KZW1KW479055 KASE trade code NTK329_0948 NTK329_0905 IRBIS registration number 948/n 905/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) October 29, 04 March 04, 04 Payment date October 29, 04 March 04, 04 Circulation start date October 29, 04 March 04, 04 Maturity date September 23, 05 January 27, 05 Days in circulation 329 329 Planned volume, KZT m 1 000.0 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 13 (-3) Demand, KZT m 26 354.3 (+21 682.0) WA yield on demand, % APR 3.71 (-1.45) Actual volume, KZT m 22 936.9 (+18 549.7) Cut-off price, KZT 96.81 (+1.18) WA price, KZT 96.81 (+1.18) Maximum yield, % APR 3.66 (-1.41) Weighted average yield, % APR 3.66 (-1.41) Effective WA yield, % APR 3.66 (-1.41) ------------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW459479, notes- 315 dated October 22, 04) demand increased by KZT 18,924.5 m (3.6 times), actual volume of satisfied bids by KZT 18,869.8 m (5.6 times) effective yield of notes decreased from 3.69% to value indicated in the table. [2004-10-29]