Notes-175 of the 955th issue of the National Bank of Kazakhstan - results of floatation

/IRBIS, Sergey Yakovlev, December 15, 04/ - Today National Bank of Kazakhstan conducted the 955th auction on floatation of short term notes. Auction was held with additional floatation, realized during a day. Below full results of floatations and comparison with previous comparable auction are given. ------------------------------------------------------------------- Type of the securities Notes-175 Notes-175 NIN KZW1KW259556 KZW1KW259358 KASE trade code NTK175_0955 NTK175_0935 IRBIS registration number 955/n 935/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Dec. 15, 04 Aug 6, 04 Payment date Dec. 15, 04 Aug 6, 04 Circulation start date Dec. 15, 04 Aug 6, 04 Maturity date June 8, 05 Jan. 28, 05 Days in circulation 175 175 Planned volume, KZT m 1 000.0 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 13 (0) Demand, KZT m 13 488.0 (+4 199.9) WA yield on demand, % APR 3.46 (-0.45) Actual volume, KZT m 10 461.0 (+1 745.4) Cut-off price, KZT 98.40 (+0.04) WA price, KZT 98.40 (+0.04) Maximum yield, % APR 3.39 (-0.09) Weighted average yield, % APR 3.39 (-0.09) Effective WA yield, % APR 3.42 (-0.09) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW219543, notes- 147 dated December 10,04) demand has decreased by KZT6,511.8 m. (by 32.6%), actual volume of satisfied bids - by KZT4,709.9 m. (by 31.1%), effective yield of notes in effective equivalent grew from 3.30% APR to above mentioned figure in the table. [2004-12-15]