Notes-49 of the 956th issue of the National Bank of Kazakhstan - results of floatation

/IRBIS, Sergey Yakovlev, December 24, 04/ - Today National Bank of Kazakhstan conducted the 956th 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-49 Ноты-49 NIN KZW1KD499567 KZW1KD498080 KASE trade code NTK049_0956 NTK808.049 IRBIS registration number 956/n 808/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Dec. 24, 04 May 15, 03 Payment date Dec. 24, 04 May 15, 03 Circulation start date Dec. 24, 04 May 15, 03 Maturity date Febr. 11, 05 July 3, 03 Days in circulation 49 49 Planned volume, KZT m 1 000.0 (+500.0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 17 (+3) Demand, KZT m 30 240.2 (+20 567.2) WA yield on demand, % APR 2.99 (-2.41) Actual volume, KZT m 26 197.9 (+19 752.4) Cut-off price, KZT 99.61 (+0.33) WA price, KZT 99.61 (+0.33) Maximum yield, % APR 2.92 (-2.49) Weighted average yield, % APR 2.92 (-2.47) Effective WA yield, % APR 2.95 (-2.56) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW259556, notes- 175 dated December 15,04) demand has increased by KZT16,752.1 m. (by 2.2 times), actual volume of satisfied bids - by KZT15,736.9 m. (by 2.5 times), effective yield of notes in effective equivalent decreased from 3.42% APR to the above figure in the table. [2004-12-24]