National Bank's notes-273 of 951st issue - floatation results

/IRBIS, Yelena Korpusenko, November 19, 04/ - Today the National Bank of Kazakhstan (NBK) held the 951st 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 KZW1KW399519 KZW1KW399493 KASE trade code NTK273_0951 NTK273_0949 IRBIS registration number 951/n 949/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Nov 19, 04 Nov 4, 04 Payment date Nov 19, 04 Nov 4, 04 Circulation start date Nov 19, 04 Nov 4, 04 Maturity date Aug 19, 05 Aug 4, 05 Days in circulation 273 273 Planned volume, KZT m 1,000.0 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 14 (-2) Demand, KZT m 17,778.2 (-13,668.7) WA yield on demand, % APR 3.63 (+0.03) Actual volume, KZT m 15,179.6 (-11,899.5) Cut-off price, KZT 97.40 (+0.01) WA price, KZT 97.40 (+0.01) Maximum yield, % APR 3.57 (-0.01) Weighted average yield, % APR 3.57 (-0.01) Effective WA yield, % APR 3.57 (-0.01) ----------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW159509, notes - 105 of the 950ieth issue, dated November 11,04) demand has increased by KZT1,195.8 m. (by 7.2%), actual volume of satisfied bids has decreased by KZT353.8 m. (by 2.3%), effective yield of notes has increased from 3.30%APR to the value indicated in the table. [2004-11-19]