National Bank's notes-273 of 949th issue - floatation results

/IRBIS, Sergey Yakovlev, November 04, 04/ - Today the National Bank of Kazakhstan (NBK) held the 949th auction for floatation of 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 securities Notes-273 Notes-273 NIN KZW1KW399493 KZW1KW399303 KASE trade code NTK273_0949 NTK273_0930 IRBIS registration number 949/n 930/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) November 04, 04 July 14, 04 Payment date November 04, 04 July 14, 04 Circulation start date November 04, 04 July 14, 04 Maturity date August 04, 05 April 13, 05 Days in circulation 273 273 Planned volume, KZT m 1 000.0 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 16 (+4) Demand, KZT m 31 446.9 (+25 249.9) WA yield on demand, % APR 3.60 (-0.47) Actual volume, KZT m 27 079.1 (+23 626.8) Cut-off price, KZT 97.39 (+0.14) WA price, KZT 97.39 (+0.14) Maximum yield, % APR 3.58 (-0.20) Weighted average yield, % APR 3.58 (-0.20) Effective WA yield, % APR 3.58 (-0.20) -------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW479485, notes - 329 948 th - issue dated: October 29,04) demand increased by KZT 5,092.6 m (by 18.1%), actual volume of satisfied bids - by KZT 4,142.2 m (by 19.3%), effective yield of notes decreased from 3.66%APR to the value indicated in the table. [2004-11-04]