National Bank's notes-112 of 952nd issue - floatation results

/IRBIS, Sergey Yakovlev, November 26, 04/ - Today the National Bank of Kazakhstan (NBK) held the 952nd 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-112 Notes-112 NIN KZW1KW169524 KZW1KW169045 KASE trade code NTK112_0952 NTK112_0904 IRBIS registration number 952/n 904/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Nov 26, 04 Mar 02, 04 Payment date Nov 26, 04 Mar 02, 04 Circulation start date Nov 26, 04 Mar 02, 04 Maturity date Mar 18, 05 June 22, 04 Days in circulation 112 112 Planned volume, KZT m 1,000.0 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 14 (+2) Demand, KZT m 19,004.3 (+13,340.2) WA yield on demand, % APR 3.33 (-1.60) Actual volume, KZT m 15,978.8 (+13,834.7) Cut-off price, KZT 99.01 (+0.43) WA price, KZT 99.01 (+0.43) Maximum yield, % APR 3.26 (-1.44) Weighted average yield, % APR 3.26 (-1.44) Effective WA yield, % APR 3.29 (-1.47) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW399519, notes- 273 dated November 19,04) demand has increased by KZT1,226.1 m. (by 6.9%), actual volume of satisfied bids - by KZT799.2 m. (by 5.3%), effective yield of notes has decreased from 3.57%APR to the value indicated in the table. [2004-11-26]